Phoenixville, PA is a growing and developing borough located in the Philadelphia suburbs. Here are some pros and cons to consider when buying property in Phoenixville:

Pros:
- Phoenixville has a booming downtown area with numerous restaurants, bars, and shops, making it an attractive location for buyers looking for a lively community.
- The area has a low cost of living compared to other Philadelphia suburban areas and nearby cities.
- It is situated near major highways and commuter rail lines, providing easy access to Philadelphia and other major metropolitan areas.
- The housing market in Phoenixville has been steadily growing in recent years, with home prices appreciating at a moderate rate.

Cons:
- Property taxes in Phoenixville are higher than average for the surrounding area.
- There are some areas with high crime rates, so it is essential to thoroughly research the neighborhood before making a housing purchase.
- As a growing area, there is a lot of new construction, so the historic charm of some parts of Phoenixville may be lost.
- The cost of living is still high compared to the national average.

Overall, Phoenixville is an attractive location for homebuyers looking for a growing community with access to major metropolitan areas, but must consider potential increases in taxes and some higher crime areas.