Living in New Lexington, Ohio has many advantages. One of the most notable is the sense of community that exists here. Everyone knows everyone and there is a strong sense of camaraderie among residents. The city has plenty of parks and recreational areas for residents to enjoy, and the school system is known for its excellent quality of education.

The local economy is fairly robust, with many businesses thriving in the area. This provides plenty of job opportunities for residents who are looking for work. Additionally, the cost of living here is relatively low, making it an affordable place to live.

However, one downside to living in New Lexington is that there are limited public transportation options available. While this isn't a major issue for most residents, it can be inconvenient for those who need to commute to nearby cities.

There are several factors that can affect the decision to buy property in a particular location, so here are some general advantages and disadvantages of buying property in the town of New Lexington, Ohio:

Advantages:
- Affordability: Compared to larger cities or more desirable areas, property prices in New Lexington may be more affordable or offer more value for the money.
- Small-town charm: New Lexington offers a close-knit community feel with local events, small businesses, and historic landmarks.
- Access to nature: New Lexington is surrounded by state parks, lakes, and other outdoor attractions which can provide opportunities for fishing, hiking, and other outdoor activities.

Disadvantages:
- Limited job market: New Lexington may not have as many career opportunities as larger cities, which could mean a longer commute or limited employment options.
- Limited amenities: With a smaller population, there may be fewer stores, restaurants, and other amenities.
- Risk of natural disasters: New Lexington is in an area prone to tornadoes, flash floods, and other natural disasters, which could affect property value and require insurance coverage.

It's important to do thorough research and consider your individual needs and preferences before making a decision about buying property in New Lexington or any other location.