Waterbury, Connecticut is a city that has many great qualities, but it also has its downsides. Below are some of the pros and cons of buying property in Waterbury, Connecticut:

Pros:
- Affordability: The cost of living in Waterbury is lower than many other cities in the area, making it an affordable option for those looking to buy a home.
- Location: Waterbury is located in the heart of Connecticut and is close to many major cities such as Hartford, New Haven, and Bridgeport, making it a great place for commuters.
- Scenic beauty: Waterbury is known for its beautiful parks and open spaces, with Mattatuck State Forest located nearby for outdoor enthusiasts.
- Historic architecture: Waterbury has a rich history and many old homes that offer unique character and charm.

Cons:
- High crime rates: Waterbury has a higher crime rate than the national average, which could be a concern for people looking to purchase property in the area.
- Economic instability: Waterbury has had struggles with high unemployment rates over the years, which could potentially affect property values and the local economy.
- Mixed reviews on public schools: The quality of education varies across schools in the area, so families with school-aged children may want to do their research beforehand.
- High property taxes: Property taxes in Connecticut are generally higher than the national average, and Waterbury is no exception.

Overall, Waterbury may be a good option for those seeking affordability and scenic beauty, while crime rates and economic instability may be a drawback for some. It's important to consider your personal preferences and priorities when making a decision about where to invest in real estate.