Tuesday, September 8, 2020

The Great Lake House Hunt

The Great Lake House hunt of 2020 is in full swing. It is at once exciting and frustrating, exhilarating and disappointing. The problem seems to be there are too many people like us—out of staters—gobbling up real estate in Maine, attempting to flee the big cities of the northeast and COVID. A house will go on the market and have a dozen offers in ten minutes, people perfectly willing to buy the place sight unseen. That’s not our style. So, the search continues.

Here’s the real dilemma. For us, especially Pam, the lake is the thing. Do we want a nice house? Sure. We have requirements of the house that are non-negotiable. But the house could be absolutely perfect but if it’s on a tiny uninteresting lake, no sale. To the contrary, if the house needs lots of work, but sits on the edge of the right lake, we would be all in. We aren’t the type of people who go to the lake to sit on the deck and enjoy the scenery. We spend the majority of our time in Maine either on the dock or on the water. We fish, kayak, paddle board. If it were possible we would take all of our meals on the dock! So far, we haven’t found the right combination of house and lake. But the journey has just begun. Our realtor insists that people will start listing their houses up there after Labor Day. That’s when more opportunities will appear. 

One more thing about this search. We have discovered that the region of Maine that has our heart—MidCoast—is home to the priciest real estate in the state. If we were willing to expand our search to include the Downeast areas of Bar Harbor etc.,we might find more properties at better prices. I’m sure this is true. But, here’s the deal...there’s a reason why we love the Camden/Rockland/Rockport area. It’s beautiful, yes, but it’s also less touristy. There aren’t any cruise ships docking in these waters. It calls itself “Where the Mountains meet the sea.” We have been enchanted for nearly ten years now. So, if it’s been our dream to buy a place here, we need not give up that dream too quickly being in too big a rush to buy a place. Patience is a virtue, or so I’m told. Although I have no first hand experience with the concept, I intend to test the truth of that expression over the next month or so when we return for our second 2020 trip.

Wish us luck!

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