A new lakefront development at Lake of the Prairies is taking place.
Kent Latimer, president of 2100 Cattle Development Corp., who are undertaking the 450-lot development, said they are confident there is a demand for such properties.
“If we build it they will come. That was our philosophy,” he said.
The development is on the Saskatchewan side of the lake, 35 minutes from Yorkton down Highway #10.
Phase I of what is being called Miller Point was launched in July last year, and Latimer said they have already applied to Community Planning to initiate a Phase II which would add an additional 29 lots to the project.
Several lots have already been sold, said Latimer, adding construction of homes will begin this year. “Four, or five will be starting as soon as the ground thaws.”
In terms of construction, Latimer said they do not have a lot of controls in place. A house must be a minimum of 800 square feet, and if an existing house is moved in, it must have a new facade, siding, shingles, etc, “so it fits into the landscape.”
Latimer said in most developments there would be a requirement to build on the lot within two years, but he said they understand some people would prefer to park a camper for three or four years as they pay off the lot before building, so they are allowing a 10-year window to build.
“That’s probably the most lenient of any lake development out there,” he said.
Asked why Miller Point, Latimer said it was the name of his Aunt and Uncle who previously owned the property.
“And Miller Point sounds like a place people want to have fun,” he added with a grin.
While a portion of the development fronts the lake, Latimer said the lots are actually on a raised area, which offers home owners some added security. Lake of the Prairies is a water reservoir for flood control for Brandon, Winnipeg, the whole Assiniboine Rover Valley,” he said, adding as a control structure water levels can rise and fall significantly.
There is talk of increasing the dam size, allowing the lake to hold more water, but the development’s higher elevation will keep it above waterlines.
“You still have a wonderful view of everything, but the benefits of being on higher ground,” said Latimer.
You can check out the development at www.millerpoint.ca