Advantages of purchasing real estate in Preston, Idaho may include:

1. Affordable Housing: Preston, Idaho real estate is relatively affordable, and this market may offer more value for your money than buying a similar property in another area.

2. Small Town Charm: Preston is a small town with a population of just over 5,000 people. For people who prefer a quieter lifestyle, Preston may offer more peace and quiet than living in a larger city.

3. Scenic Location: Preston is located in a beautiful area of Idaho, surrounded by picturesque landscapes of mountains, forests, and waterfalls.

Disadvantages of purchasing real estate in Preston, Idaho may include:

1. Limited Job Opportunities: Preston, Idaho is a small town, and as such, job opportunities may be limited. If you are someone who needs many job opportunities, then purchasing real estate in Preston may not be a good fit.

2. Distance to Major Cities: Preston is located roughly 2 hours away from Salt Lake City, UT. If you prefer living in a bustling city with access to a wide range of amenities, living in Preston may not be ideal.

3. Extreme Weather: Preston, like much of Idaho, can experience extreme weather conditions, such as snowstorms during the winter months or heatwaves during the summer months. This can be a disadvantage for people who prefer more temperate climates.

It's important to note that every individual has unique preferences and priorities when it comes to purchasing real estate. Therefore, it's crucial to conduct thorough research and consider all the pros and cons before making any investment.