One nice thing about living in Ely is that it's a small and quiet community. With its population of less than 1,000 people, Ely offers a peaceful and relaxed atmosphere that's great for families. The town also has plenty of outdoor activities to enjoy, from fishing and camping in nearby parks to hiking and biking the trails in the area.

Another great thing about living in Ely is its proximity to Cedar Rapids. Just a short drive away, Cedar Rapids provides access to all the amenities of a larger city, including shopping, dining, entertainment, and more.

The one not so good aspect of living in Ely is that there aren't many job opportunities. With its small population and limited industry, employment options are pretty limited.

Pros of purchasing real estate in Ely, Iowa:
- Peaceful and safe community: Ely is a small and quiet village, which means there is very little crime and a high sense of community security.
- Affordable real estate: the cost of real estate in Ely is relatively low compared to other places in the country, making it a great option for first-time homebuyers or those looking for a cost-effective investment opportunity.
- Easy access to recreational activities: Ely is home to several parks and nearby, you can find a variety of outdoor activities such as camping, boating, and hiking.

Cons of purchasing real estate in Ely, Iowa:
- Limited job opportunities: Ely is a small village, so there may be limited job opportunities in the area, and you might have to commute to nearby towns for work.
- Severe weather conditions: Like much of Iowa, severe weather conditions, including tornadoes, are potential threats in Ely.
- Limited amenities: As a small village, Ely has limited amenities, such as restaurants, entertainment, and shopping options.