Selling a house in northern Maine - Advice needed

[JoeFahey]

Hey,
My dad is selling the house he grew up in that was passed down to him after my grandmother passed away two years ago. After the paper mill was shut down the town has become half the place it used to.

The house is a well preserved two story house near Baxter State Park where many come to visit and hike Mount Katahdin (the northern destination of the Appalachian Trail). He is selling it through a local real estate agent who unfortunately has marketing skills commensurate with the real estate opportunities of the area:
http://www.realtyofmaine.com/index.php/listings/view/Residential/967802

The asking price is under $50,000. It only costs ~$800/year in taxes. For the quality of the home and area of Maine it is located in (snowmobiling, hunting, 2hrs from coast/Bar Harbor), I thought that he should try selling it as a secondary home for someone to have for vacations/weekends trips.

The prospect of selling through our current agent isn't too great, and we are considering our options. How reasonable do you think it would be to market it to someone less local and aim for someone to use as secondary/vacation home?

 

[Slacker]

someone less local, who wont use it as much as someone living in it full time, doesnt seem like any reason for them to pay more or perceive greater value than a local sale, the house is worth what its worth where it is.


[edit] I have been to Bar Harbor and surrounding areas and loved it, it was beautiful in October, though some of the locals seemed a bit off

If I had 50k to throw around I'd buy it.

 

[JoeFahey]

someone less local, who wont use it as much as someone living in it full time, doesnt seem like any reason for them to pay more or perceive greater value than a local sale, the house is worth what its worth where it is.


[edit] I have been to Bar Harbor and surrounding areas and loved it, it was beautiful in October, though some of the locals seemed a bit off

If I had 50k to throw around I'd buy it.

I understand what your saying about the value, but unfortunately the issue is finding a buyer. I believe it has been on the market for over a year.

 

[Jumpem]

I understand what your saying about the value, but unfortunately the issue is finding a buyer. I believe it has been on the market for over a year.

It's priced too high.

 

[squirrel dog]

800 a year in taxes is for the primary home owner.Not someone with a second home . Those taxes are always much higher.

 

[BUTCH1]

Nice little place but with no real opportunity for employment it's a tough sell..