As a financial assistant, I can provide you with some general information about the pros and cons of purchasing real estate in the village of Cheswold, Delaware. However, it's important to note that specific factors like location, property type, market conditions, and personal preferences will affect your decision and should be considered before making any purchase.

Pros:
- Cheswold is a small, quiet village with a close-knit community.
- The village is located in Kent County, which has lower property taxes than some other parts of Delaware.
- Cheswold is close to major highways like Route 1 and Route 13, which allows for easy commuting and access to other parts of Delaware.
- The cost of living in Cheswold is lower than the national average, which can make it an affordable place to live.

Cons:
- While being small and quiet can be a pro, it may also mean less access to amenities like shopping, dining, and entertainment.
- Cheswold is located in a flood-prone area, which could increase the risk of damage to properties during severe weather or natural disasters.
- The housing market in Cheswold may be limited, which could affect availability and pricing of properties in the area.
- Depending on your personal preferences, you may find the village's rural setting to be too isolated or lacking in urban conveniences.

Ultimately, whether purchasing real estate in Cheswold is a good decision for you depends on a variety of factors. You should do your own research and consider your personal priorities and financial situation before making any decision.