Pros:
1. Location: Spring Valley is located within close proximity to New York City, making it an ideal choice for those who want to live close to the city, but not have to deal with the high cost of living.
2. Affordability: Compared to the neighboring towns, real estate in Spring Valle may be more affordable, offering a relatively low cost of living.
3. Cultural diversity: The city has a diverse population of residents, with a plethora of different cultures and backgrounds represented, meaning that there is plenty of opportunity to experience different foods, events, and festivals.
4. Outdoor activities: Spring Valley is located within close proximity to a number of parks and outdoor recreational areas, making it an ideal location for those who enjoy hiking, jogging, or other outdoor activities.

Cons:
1. High property taxes: Property taxes in Spring Valley are relatively high, meaning that you will need to factor this into your budget when buying a home.
2. Crime rates: According to some reports, crime rates in Spring Valley may be higher than in some of the neighboring towns in Rockland County.
3. Congestion and traffic: The population growth in and around Spring Valley has caused traffic congestion over the years.
4. Limited employment opportunity: Spring Valley's job market centers around retail, health care, and government, which could limit career opportunities for residents seeking work in other industries.