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511 1A AVE Brooks, AB T1R 0H6
6,098 Sqft Lot
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Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Subdivision Central
MLS Listing ID A2307740
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Residential Land
Property 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.
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.
Location
Province AB
Community Schools Nearby, Shopping Nearby
Zoning FUD
Interior
Fireplace No
Exterior
Fence None
Community Features Schools Nearby, Shopping Nearby
Garage No
Building
Lot Description Back Lane, Back Yard, Cleared, Few Trees
Others
Restrictions None Known
Listed by RE/MAX Landan Real Estate
NEARBY LISTINGS AND AMENITIES
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