Elbridge is a small village located in a rural area, so a potential advantage would be the opportunity to live in a peaceful and quiet environment with access to nature, and a tight-knit community. On the other hand, living in a rural area may mean limited access to amenities like shopping, entertainment, and healthcare compared to urban areas.

In terms of real estate, the advantage of purchasing property in Elbridge is that it may be more affordable compared to bigger cities like New York City or Syracuse. However, the disadvantage could be that the resale value may not increase as quickly, especially if the area remains less developed.

It's also important to consider the overall economic stability of Elbridge and its surrounding areas. If the local economy is booming and projected to continue to grow, that may increase the value of the property over time. However, if the local economy is struggling, that may decrease the value of the property.

Finally, it is always a good idea to research the crime rates, school district quality, and any potential environmental concerns in the area before purchasing any real estate property in Elbridge, or any other area.