McMinnville, Oregon is a great place to live for many reasons. Firstly, the cost of living is relatively low compared to many other cities in Oregon. Secondly, McMinnville is very close to the Willamette Valley wine country and has many vineyards, restaurants and tasting rooms in the area. Finally, McMinnville also has a vibrant downtown with plenty of shops and restaurants to explore. The only downside to living in McMinnville is that it can be quite rainy during the winter months, however there is usually plenty of sunshine during the summer.

Here are some of the pros and cons of buying property in the city of McMinnville, OR:

Pros:
- McMinnville has a thriving wine industry and many of the wineries host events throughout the year. This is great for wine enthusiasts and can make for enjoyable weekends.
- McMinnville is known for having a very pleasant and mild climate. While there are certainly some rainy periods, there isn't typically any extreme weather to worry about in the area.
- The city is relatively safe, with low instances of violent crime.
- McMinnville has a very charming atmosphere, with a historic downtown area and many unique shops and restaurants.

Cons:
- McMinnville has a higher cost of living than many other cities in Oregon, so purchasing property can be more expensive.
- The job market in McMinnville is somewhat limited, so finding employment opportunities can be a challenge.
- The city can become somewhat crowded during peak tourist months, which may not be ideal for individuals that prefer a more secluded lifestyle.
- Additionally, while Oregon's overall tax burden is relatively low, property taxes in the state can be quite high compared to other states.

Keep in mind that there are many personal factors to consider when purchasing property, such as your budget, desired lifestyle, and long-term goals. It's important to weigh the pros and cons carefully and speak with a trusted real estate agent who can provide recommendations tailored to your individual needs.