There are several advantages and disadvantages to consider when purchasing real estate in the city of Novi, Michigan:

Advantages:
1. Good schools: Novi has some of the best public schools in the state of Michigan, making it an attractive option for families with children.
2. Strong economy: The city has a strong economy with a low unemployment rate, meaning there are plenty of job opportunities.
3. Convenient location: Novi is located near major highways, making it easy to commute to nearby cities such as Detroit, Ann Arbor, and Lansing.
4. Good quality of life: Novi has a high standard of living with a variety of shopping, dining, and entertainment options.
5. Increasing property value: According to Zillow, property values in Novi have increased by 7.5% over the past year, which is a good indication of a stable real estate market.

Disadvantages:
1. High cost of living: Novi has a relatively high cost of living compared to other cities in Michigan, which may make it challenging for some people to afford.
2. Limited public transportation: While Novi is well-connected to major highways, public transportation options are limited, which may make it difficult for those who prefer not to drive.
3. Harsh winters: Novi experiences cold and snowy winters, which may not be desirable for everyone.
4. Limited cultural diversity: Novi has a relatively homogenous population, which may not offer as much cultural diversity as other cities.

Overall, whether purchasing real estate in Novi is a good option depends on specific individual circumstances and preferences. It is always recommended to do your own research and consult with a trusted real estate agent or financial advisor before making any major financial decisions.