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MLS® A2307740

Overview

Key Facts

Type Residential Land
Levels Land
Size -
Garage 
Taxes $834
Days Active 0
Lot Size 
Approx. Age 
MLS® Number A2307740

Property Address: 511 1a Avenue, Brooks, AB, T1R0H6

Average square foot calculated using Size range provided by listing agent.

Description

Brooks, AB presents strong, near-term development opportunities for single-family construction driven by rapid supported by population growth, aggressive municipal incentives, and a sharp rebound in housing starts. Brooks Is Now a High-Potential Market for Single-Family Builders Brooks is experiencing its biggest housing boom in 20 years, fuelled by a combination of population growth, rising rents, and builder-friendly incentives. These conditions create a rare window where small-city fundamentals align with big-city demand pressures. Rapid population growth — 15.5% over five years and 3.4% year-over-year in 2025, signalling sustained demand for new housing. Rents up ~33% over two years, indicating a supply shortage and strong absorption potential for new builds. Housing starts surged to 94 in 2025, up from 74 in 2024 (+27%), ranking Brooks 7th provincially. Attracted developers from Calgary and other larger centres. Development Opportunities for Single-Family Construction 1. Build-to-Sell Single-Family Homes in Undersupplied Segments With rents and population rising, Brooks has a backlog of households living in overcrowded or temporary accommodations. Single-family homes priced in the entry-level to mid-range bracket are likely to see strong demand. Average home prices in Brooks sit around $452, 595, with newly built homes averaging $308, 140 — showing room for competitive new construction. 3. Small-Lot Single-Detached or Duplex Construction Brooks has seen a surge in row and duplex starts (row starts up 230.8% year-over-year). This indicates: Strong demand for compact, affordable ownership options A market receptive to higher-density single-family formats 4. Targeted Development Near High-Demand Neighbourhoods Highlights neighbourhood-level activity and fast-selling pockets. Builders can leverage these insights to position new single-family product where absorption is strongest. Entry-level single-family homes. High rents + population growth. Rents +33%, population +15.5 Lower land + permit costs. Strong demand for affordable ownership. Note Owner is a Licensed Real Estate Agent, Calgary Real Estate Board.Show Description
MLS® NumberA2307740
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
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Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
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00/00/0000List Date
$XXX,XXXList Price

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