This movie pays homage to horror movies from the past. Though it's not entirely sure which decade it really is looking up to (70s or 80s, which is something the trailer also mixes up when it compares it to some of the films back then). But being slithery to a point one can not pin you down to something specific, does not mean it's something bad. But if you copy something from the past, try to distill the best from it.
Budget wasn't that high I reckon (I saw 40.000 as a number somewhere, not sure if that's true), but the movie has a lot of issues. The location isn't one of them. The framing and the cinematography on the other hand combined with the lack (or absence) of acting ... That's something you feel. The effects are decent ... by 70s standards. Same tricks from back then are being used, maybe even the 60s. Not a selling point either. And the ending is rather predictable ... or if you're nice, is being pointed out throughout the whole film. And how many times can one mask be used for jump scares? Way more than one too many in this one ...