There are several factors that can affect the decision of buying a property in Great Valley, New York. Here are some of the pros and cons to consider:

Pros:
- Great Valley has a peaceful and rural atmosphere, which can be ideal for those looking for a quiet and tranquil lifestyle.
- The village is surrounded by beautiful natural landscapes, including Allegany State Park and the Allegheny National Forest, which can provide ample opportunities for outdoor recreation.
- Home prices in Great Valley tend to be more affordable compared to many other parts of New York state, which can make it a viable option for those who want to buy a property without breaking the bank.
- The property tax rates in Great Valley are relatively low, which can make it more appealing for homeowners who want to keep their expenses down.

Cons:
- The job market in Great Valley can be limited, which means that finding employment opportunities may be more difficult compared to more urban areas.
- Shopping and entertainment options may be limited in Great Valley when compared to larger cities, which can be a drawback for those who value having access to a variety of amenities.
- The winter weather in Great Valley can be harsh and snowy, which can make it challenging for those who are not used to dealing with heavy snowfall.
- The healthcare facilities in the area may be limited, which can be a concern for those who require specialized medical attention.

Overall, buying a property in Great Valley may be a good option for those who are looking for a peaceful and rural lifestyle at an affordable price. However, there are some drawbacks to consider, such as limited job opportunities and access to certain amenities. It's important to evaluate all the factors and determine whether Great Valley is the right fit for your needs and lifestyle.