Abingdon, Virginia is a small historic town located in southwest Virginia, which offers several advantages as well as disadvantages to potential real estate buyers.

Advantages:
1. Affordability: Abingdon's real estate prices are generally lower than those of larger metro cities in Virginia, making it a viable option for those looking for lower costs of living.
2. Small town charm: The town is known for its history and offers a rich cultural experience with many local artisans, antique shops, and festivals, creating a charm that attracts many people.
3. Proximity to nature: Abingdon offers easy access to the Appalachian Mountains, lakes, and other natural attractions for those who enjoy outdoor recreation.
4. Good quality of life: With a great school system, good healthcare facilities, low traffic congestion, and a low crime rate, Abingdon is considered to have a high quality of life.

Disadvantages:
1. Lack of employment opportunities: The town has limited job market opportunities, and people looking for work must be prepared for a challenging job search.
2. Distance from urban centers: Despite being located near several large cities such as Roanoke, Knoxville, and Asheville, Abingdon is still considered a bit remote, and residents may feel isolated.
3. Weather: The town is prone to hot and humid summers and cold winters, so those who prefer mild weather conditions may not enjoy living here.
4. Limited growth: Since it's a relatively small town, there is less growth potential, which can limit investment opportunities in the real estate market.

In general, Abingdon is a charming small town that offers a high quality of life, but with limited employment opportunities and growth potential.