Silver Lake is a beautiful village in Lake County, Florida. Here are some potential pros and cons of buying property in Silver Lake:

Pros:
1. Natural beauty: The area is surrounded by beautiful lakes and natural scenery, which makes it a popular destination for nature lovers.
2. Affordable cost of living: The cost of living in Silver Lake is lower than the national average, which makes it an attractive option for retirees and families looking for an affordable place to live.
3. Recreational activities: Silver Lake provides opportunities for various recreational activities such as boating, fishing, golfing, and many others.
4. Strong economy: The local economy is stable, which may indicate job opportunities and steady property values.

Cons:
1. Natural disasters: Due to its location, the area is prone to natural disasters such as hurricanes, floods, and tornadoes which could lead to property damage and increased insurance costs.
2. Limited amenities: Silver Lake is a small community and may have limited options for shopping and dining.
3. Traffic: Certain times of the year could lead to increased traffic in the area, especially if you are located near Disney World, which could lead to longer commute times.

It's important to thoroughly research any potential area you are considering purchasing property in. Consider your personal lifestyle and preferences, as well as your overall financial plan, to make the best decision for your situation.