Here are some pros and cons of purchasing real estate in Ames, Iowa:

Pros:
1. Great place to raise a family: Ames, Iowa is known for being family-friendly, with good schools and a low crime rate.
2. Strong community vibe: The community culture in Ames, Iowa is well-developed, offering a welcoming and supportive environment for everyone in the community.
3. The stable economy of Ames: The city's strong economy makes it a great place to invest in real estate. In Ames, job opportunities abound and unemployment rates remain low.
4. Healthy living: Ames, Iowa provides a variety of outdoor activities and opportunities to stay physically active, with plenty of parks, trails, and recreation centers.
5. Many amenities: The city of Ames boasts a rich collection of amenities, including museums, concerts, festivals, and shopping.

Cons:
1. Harsh winters: Winters can be quite harsh in Ames, Iowa, with frequent snow and winds.
2. Not a bustling metropolitan area: Ames, Iowa is largely a college town, so it may not offer as many metropolitan amenities as other cities.
3. Limited entertainment options: While Ames has a rich history and culture, some may find its entertainment options to be limited.
4. Real estate market can be competitive and overpriced: Due to its desirability, some properties in Ames, Iowa can be quite competitive and expensive.

Overall, the decision to purchase real estate in Ames, Iowa will depend on a buyer's personal preferences and priorities, as well as their specific financial situation.