Here are some advantages of buying a property in the village of Northwood, North Dakota:

1. Low cost of living: The cost of living in North Dakota is relatively low compared to other states in the US, meaning that buying a property in Northwood can be more affordable than in other areas.

2. Natural Beauty & Outdoor Activities: Northwood is located in a beautiful natural location, with numerous outdoor activities to enjoy, such as boating, fishing, and hiking.

3. Good Schools: If you have children, Northwood has excellent schools, which are known for high academic performance.

4. Strong Local Economy: Agriculture is the primary industry in North Dakot and Northwood, which means that there is a strong local economy, Low unemployment rate and lots of job opportunities.

However, there are also some disadvantages to buying a property in Northwood:

1. Harsh Winters: North Dakota has long, cold winters, which can make living in Northwood less enjoyable for those who don't enjoy winter sports and activities.

2. Remote Location: Northwood is a relatively remote village, which can make transportation and travel more difficult and more expensive.

3. Limited Cultural Events: Northwood is a small village, and there are limited cultural events such as museums, concerts and festivals compared to larger metropolitan areas.

4. Lack of Services: Northwood is a small village, so there are limited services such as grocery stores, movie theaters, and restaurants.

Overall, when considering buying a property in Northwood, it's essential to weigh the advantages and disadvantages and see how they align with your lifestyle and priorities.