Lancaster, New York, is a peaceful town with a population of approximately 42,000 people. It is an attractive place to live with excellent schools, parks, and community facilities. Here are some advantages and disadvantages of buying real estate in Lancaster, New York.

Advantages:
1. Growing community: Lancaster has experienced significant growth, with new developments and investment in infrastructure. This is a sign of a healthy real estate market and an opportunity for appreciation in property values.
2. Affordable housing: Compared to other neighboring cities, real estate in Lancaster, New York, is relatively affordable, making it an ideal place for first-time homebuyers or those looking to downsize.
3. Excellent school district: The Lancaster Central School District is highly rated, making it an ideal place to raise a family.
4. Convenient location: Lancaster is conveniently located near several major highways and is only a short drive to downtown Buffalo.

Disadvantages:
1. Harsh winters: Winters in Lancaster can be harsh, with heavy snowfall and frigid temperatures, which can make property maintenance burdensome and drive up energy bills.
2. Limited job opportunities: Lancaster is primarily a residential community, and employment opportunities within the town are limited.
3. High property taxes: Property taxes in Lancaster, New York, are relatively high compared to other similarly sized towns in the region.

Overall, Lancaster, New York, could be an excellent place to buy real estate, provided that you're prepared for the challenges of harsh winters and high property taxes.