Positive Aspects:
1. Cottonwood is close to some of the best outdoor recreation areas in California, such as Shasta Lake, Whiskeytown Lake, and Lassen Volcanic National Park.
2. The town has a strong sense of community and offers plenty of local events and activities for residents to enjoy.

Unappealing Thing:
The cost of living in Cottonwood can be quite high due to the small size of the town and its proximity to larger cities.

Here are some potential pros and cons to consider for home ownership in the village of Cottonwood, California:

Pros:

1. Natural beauty: Cottonwood is situated in a scenic area of northern California, with access to mountains and forests.

2. Rural charm: Cottonwood is a small, unincorporated community of around 3000 people, which can be appealing to those who prefer a slower pace of life.

3. Affordability: Housing in Cottonwood generally seems to be more affordable than in many parts of California, although prices can vary depending on location and other factors.

4. Investment potential: If Cottonwood continues to grow and develop, property values could increase over time, providing a potential return on investment.

Cons:

1. Isolation: Cottonwood is fairly remote, which could be a con for those who require convenient access to urban amenities.

2. Limited job opportunities: As a small community, Cottonwood may not offer many job opportunities outside of certain sectors (e.g. agriculture).

3. Environmental hazards: As with many parts of California, Cottonwood is susceptible to wildfires, which can pose a threat to homeowners.

4. Limited property choices: Due to its small size, there may be a limited selection of available properties to choose from in Cottonwood.

It's important to do further research and speak with a local expert before making any decisions about purchasing property.