There are several pros and cons to consider when buying property in Fargo, North Dakota.

Pros:
- Affordability: Fargo has a relatively low cost of living compared to many other cities in the United States, making it an affordable place to purchase property.
- Growing Economy: Fargo's economy has been growing steadily over the years, and it has been ranked as one of the top cities in the US in terms of job growth.
- Quality of Life: Fargo has regularly been ranked as one of the best places to live in the US, with a high quality of life and plenty of recreational opportunities.

Cons:
- Harsh Winter Weather: Fargo is known for its harsh winter weather, with temperatures that can drop well below freezing and significant snowfall.
- Limited Cultural Diversity: Fargo is a relatively homogenous city, with limited cultural diversity compared to other metropolitan areas.
- Flood Risk: Fargo is located along the Red River, which has historically caused severe flooding, meaning that residents need to purchase flood insurance, which can be expensive.

Overall, whether or not to purchase property in Fargo depends on your personal preferences and lifestyle needs. However, the city's affordability, growing economy, and quality of life make it an attractive option for many.