There are several advantages and disadvantages of buying property in the village of Orange, Ohio.

Advantages:
1. Good schools: Orange, Ohio is home to some of the highest-rated public schools in the state.
2. Low crime rate: The crime rate in Orange, Ohio is lower than the national average.
3. Proximity to amenities: The village of Orange is conveniently located near major highways, shopping centers, and restaurants.
4. Natural beauty: Orange, Ohio is surrounded by parks, green spaces, and the Chagrin River, providing ample opportunities for outdoor recreation.
5. Stable housing market: The housing market in Orange, Ohio has remained relatively stable over the years.

Disadvantages:
1. High property taxes: The property taxes in Orange, Ohio are higher than the state average.
2. Expensive housing: The cost of housing in Orange, Ohio is higher than the state average and may not be affordable for everyone.
3. Weather: The village of Orange experiences cold and snowy winters, which may not be ideal for everyone.
4. Limited diversity: Orange, Ohio has a relatively homogenous population, which may not appeal to those seeking a more diverse community.
5. Limited entertainment options: While Orange is conveniently located, the village itself does not offer many entertainment options, which could be a downside for some.

Overall, I would suggest researching the area more thoroughly to determine if the lifestyle and environment in Orange, Ohio will suit your needs before making a decision to buy property there.