There are several pros and cons to consider when it comes to purchasing real estate in Watsonville, California.

Pros:
1. Affordable housing: Watsonville's real estate market is relatively affordable compared to other cities in the Bay Area. This makes it a great option for buyers who are looking for affordability and proximity to the coast.
2. Scenic location: Watsonville is located in Santa Cruz County, which is known for its natural beauty, including stunning beaches, forests, and parks. The city is situated within easy driving distance of scenic areas such as the Monterey Bay, and its location makes it a great spot for families, retirees or even vacation homes.
3. Good climate: Watsonville has a mild, Mediterranean climate, with temperatures ranging from the mid-50s to mid-70s Fahrenheit. This sunny climate is great for outdoor activities and gardening.

Cons:
1. High property tax rates: California has some of the highest property tax rates in the US, and Watsonville is no exception. Homeowners in the city pay an average of 1.08% of their home's value in property taxes each year. This can add up to thousands of dollars annually.
2. Traffic and congestion: Watsonville has a lot of traffic congestion, particularly during peak hours. This can be especially frustrating for those who commute to other parts of the Bay Area or need to drive into town for daily errands.
3. High living costs: While Watsonville may be more affordable than other cities in the Bay Area, overall living costs can still be high. The cost of goods and services like groceries, gas and dining out can be expensive compared to other areas of the country.

Overall, if you're looking for an affordable yet scenic location with a mild climate, Watsonville may be a good option for you. However, it's important to be aware of the high property tax rates and the potential for traffic congestion and high living costs.