Here are some general pros and cons of purchasing real estate in a small village or town like Annville:

Pros:
- Lower cost of living compared to bigger cities
- More space for the price
- A quieter, more peaceful lifestyle
- Tight-knit community and friendly neighbors
- Opportunity for outdoor activities and access to nature
- Potential for long-term investment growth

Cons:
- Limited job and career opportunities
- Limited access to amenities and entertainment, such as restaurants, shopping centers, and cultural attractions
- Less diverse population
- Limited access to quality healthcare facilities
- Limited access to public transportation

It's important to conduct extensive research on the specific area of Annville, Kentucky, to understand the current housing market, economic situation, and any other factors that may affect the decision to purchase real estate in the area.