There are many great things about living in Waverly, Iowa. First, Waverly is a small city with a population of just over 10,000 people, making it an ideal place to raise a family in a safe and friendly atmosphere. Second, Waverly is home to a variety of parks and outdoor recreational activities, including fishing, camping, and hiking. Third, the city has a vibrant downtown area with many local shops and restaurants that offer great food and entertainment.

The not so good aspect of living in Waverly is the limited transportation options. Public transportation is not available in the city, so those who rely on it may find it difficult to get around. Additionally, there are few public transportation options for those who need to commute to larger cities for work or other activities.

Waverly, Iowa is a small city with a population of around 10,000 people. Here are some potential pros and cons to consider when buying property there:

Pros:
- Waverly has a low cost of living, with a cost of living index 7% lower than the national average.
- The city has a strong economy with low unemployment and a variety of job opportunities.
- Waverly has a good school system with several highly rated schools, making it a good location for families.
- The city has a low crime rate, making it a safe place to live.

Cons:
- Waverly is a small city and may not offer as many entertainment, dining, and shopping options as larger cities.
- The city has cold winters with an average temperature of around 20 degrees F in January, which may not be desirable for everyone.
- As with any property purchase, the value of the property may fluctuate depending on market conditions.

Overall, whether or not buying property in Waverly, Iowa is a good idea will depend on your unique preferences and circumstances. It may be helpful to visit the city, speak with locals, and carefully research the housing market before making a decision.