511 1A Avenue
Brooks, Alberta
MLS® A2307740
$90,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- A2307740
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 2Listing 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 BuildersBrooks 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 Construction1. Build-to-Sell Single-Family Homes in Undersupplied SegmentsWith 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 ConstructionBrooks 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 optionsA market receptive to higher-density single-family formats4. Targeted Development Near High-Demand NeighbourhoodsHighlights 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.
Re nts +33%, population +15. 5Lower land + permit costs. Strong demand for affordable ownership.
Note Owner is a Licensed Real Estate Agent, Calgary Real Estate Board.
Property summary
- MLS® number
- A2307740
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 6000 square feet
- Annual property taxes
- $834.00
- Days on market
- 114 days
Features & details
- Lot features
- See remarks, Back lane, Gravel lane
What would this home cost you?
Based on the $90,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Landan Real Estate, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.