Here are some potential pros and cons of buying property in the village of Essex, Iowa based on general information about the village and Page County:

Pros:
- Rural charm: Essex is a small, rural village that may offer a quieter and more peaceful lifestyle than larger cities or suburbs.
- Cost of living: According to BestPlaces.net, the cost of living in Essex is lower than the national average, which may make it an attractive option for those looking for affordable housing or to save money in other areas.
- Potential investment opportunity: Depending on the real estate market and the potential for the village to grow or change over time, buying property in Essex could be a good investment opportunity.

Cons:
- Limited amenities: As a small rural village, Essex may have limited amenities such as shopping, dining, or entertainment options. This could be a con for those looking for a more urban lifestyle.
- Limited job opportunities: As with many small towns, job opportunities may be limited in Essex. Residents may need to commute to larger towns or cities for work.
- Rural challenges: Rural living can come with certain challenges, such as longer drive times to get to essential services or lower availability of certain types of healthcare.

It is important to note that the specific pros and cons of buying property in Essex will depend on your individual needs, preferences, and circumstances. It may be helpful to do more research on the real estate market in the area and talk to locals or a real estate agent familiar with the area to get a better sense of whether buying property in Essex is the right decision for you.