Active
$90,000
511 1A Avenue
Central, Brooks
MLS® #A2307740
- 6,000 square feet
- Vacant Land
- ✓ Real Lot Size Listed
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. (id:66619)
Features
Lot
6,000 square feet
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
