Advantages:
1. Scenic location: The Village of Hague is set in the Adirondack Park area of upstate New York, known for its natural beauty, lakes, forests, and mountains. Many buyers might find the location to be a peaceful and serene environment with plenty of outdoor recreation options.
2. Residential community: The village is a small community with a tight-knit feel which might appeal to buyers who prefer a small-town atmosphere.
3. Good for vacation homes: The village has a combination of both seasonal and year-round residents, so purchasing a property in the area serves as a suitable vacation home option.
4. Affordable: The housing in Hague is cheaper than most towns in Lake George and Adirondack as well which can be a pro for some buyers.
5. Tax benefits: New York state has several tax incentives, rebates, and exemptions from property taxes that make owning a home more affordable.

Disadvantages:
1. Rural Area: If you are looking for fast-paced urban life with lots of shopping, dining, and entertainment options, Hague may not be the place for you.
2. Limited Employment opportunities: The Village of Hague's economy relies largely on tourism, primarily during the summer months, so it may not have many opportunities for employment or businesses throughout the year.
3. Seasonal Weather: The region is known for its cold weather and snow and can be a deterrent for buyers looking for warmer climates.
4. Distance from International airports: Plattsburgh International airport, the nearest airport to Hague, is about 1 hour 20 minutes away by car.
5. Limited Arterial Roads: The region has limited arterial roads, and congestion during peak tourist season can be problematic at times.

It's essential to weigh these pros and cons while considering purchasing real estate in Hague.