Some potential pros of buying property in the village of Caroga, New York could include:

1. Natural beauty: Caroga is surrounded by beautiful natural scenery, including lakes, forests, and mountains, which may appeal to those who enjoy outdoor activities such as hiking, fishing, and boating.

2. Tranquility: The village of Caroga is a quiet, rural community, which might be attractive to those who are looking for a peaceful retreat away from city life.

3. Affordability: The cost of living in Caroga may be lower than in nearby urban areas, which could make it more affordable for those who are looking to buy real estate in the area.

4. Close to amenities: Although Caroga is a relatively small village, it is located near larger towns and cities that offer a range of amenities, such as shopping, dining, and entertainment.

On the other hand, some potential cons of buying property in the village of Caroga, New York could include:

1. Seasonal population: Caroga is a popular summer vacation spot, which means that the population can fluctuate dramatically throughout the year. This could be a potential disadvantage for those looking for a year-round community or those who prefer a consistent neighborhood vibe.

2. Isolation: Caroga is a relatively remote community, which could be a drawback for those who value easy access to urban centers or transportation.

3. Property value: While property prices in Caroga may be more affordable, they may not have as much growth potential as properties located in more urban areas.

4. Property maintenance: Maintaining a property in a rural area with harsh winter weather can be more difficult and costly.