Advantages of purchasing real estate in the village of Ordway, Colorado may include:

1. Lower Cost: Real estate in smaller towns and villages can be more affordable compared to larger cities.

2. Peaceful and Quieter Lifestyle: The village of Ordway, Colorado may offer a quieter and more relaxed lifestyle, away from the hustle-bustle of larger cities.

3. Commutable Distance: Ordway is only around a one-hour drive from Colorado Springs, which may provide residents with easy access to job opportunities and city amenities.

Disadvantages of purchasing real estate in the village of Ordway, Colorado may include:

1. Limited Job Opportunities: Small towns and villages in rural areas may have limited job opportunities compared to larger cities, which may make it challenging to find employment.

2. Fewer Amenities: Ordway has fewer amenities than larger cities, which may be inconvenient for some residents who are used to bigger city lifestyles.

3. Reduced Access to Healthcare: Smaller towns and villages may have limited healthcare facilities, which may be a drawback for people with severe medical conditions.

Ultimately, the decision to purchase real estate in Ordway or any other location should be based on personal preferences and specific circumstances.