Here are some potential pros and cons of purchasing real estate in the village of Aurora, Oregon:

Pros:
- Peaceful village atmosphere with a small town charm
- Historically significant town with well-preserved 19th-century architecture
- Prime location for agriculture and farming industry, with fertile soil and favorable climate
- Close proximity to the city of Portland, which offers a bustling urban experience, while still being far enough away to enjoy a quieter lifestyle
- Good public schools in the area, which can be a consideration for families with children
- Potential for long-term investment value, as the area could continue to grow and develop in the coming years

Cons:
- Limited employment opportunities within the village itself, which may require commuting to nearby towns or cities for work
- Limited amenities within the village, which may result in needing to travel for shopping, dining, or entertainment
- Rural location could pose challenges for internet and cell phone service
- Risk of natural disasters such as flooding, as the town is near the Willamette River
- Limited housing options, which could make finding a house within your price range and desired specifications more difficult than in some other areas.

These are just a few of the potential pros and cons of purchasing real estate in Aurora, Oregon. Ultimately, the decision will depend on your individual needs and preferences. It's always a good idea to do thorough research and consider all factors carefully before making a big decision like buying real estate.