Weatherby Lake is a small village located in Platte County, Missouri. Some advantages of purchasing real estate in Weatherby Lake include:

1) Unique lifestyle: Weatherby Lake provides a unique lifestyle to its residents as it offers various recreational opportunities such as boating, fishing, and swimming on the lake. Additionally, the community often organizes festivals and events providing a close-knit community feel.

2) Low crime rate: Weatherby Lake has a low crime rate, making it a safe and secure place to live.

3) Close proximity to Kansas City: The village is located about 12 miles north of Kansas City, allowing for easy access to the city's amenities.

However, there are also some disadvantages of purchasing real estate in Weatherby Lake, including:

1) Limited commercial opportunities: There are not many commercial options within the village itself, which may require residents to travel a bit further to find needed services.

2) Weather concerns: Weatherby Lake is in a region that experiences severe weather conditions from time to time such as heavy rain, strong winds and tornadoes.

3) Homeowner's Association: Property owners of Weatherby Lake are required to join the Homeowner's Association which requires that they abide by community rules and regulations.

It is a good idea to carefully consider these factors, among others, before making a real estate purchase in Weatherby Lake.