118 days on hômm
Est. $469/mo incl. taxes · 20% down @ 4.49%
511 1A Avenue
Central, Brooks, Alberta T1R 0H6
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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.
$834/year (2025)
Immediate
6,000 sq ft
0.14
50.00 ft
MLS® #: A2307740
Listing provided by Debbie Mitzner
Brokerage: RE/MAX Landan Real Estate
Photos: 2 images
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
Listing information last updated on July 28, 2026 at 12:49 am MDT
