Living in Wise is a great experience for those who enjoy small-town living. The city is home to an abundance of outdoor activities, such as hiking and biking trails, fishing spots, and state parks. The people are also friendly and welcoming, making Wise an ideal place to settle down. On the other hand, Wise has limited job opportunities and shopping options. The cost of living is also slightly higher than that of nearby cities and towns.

Advantages of buying property in the village of Wise, Virginia include:

1. Affordable cost of living - The cost of living in Wise, Virginia is lower compared to other cities in the United States.

2. Peaceful and quiet community - Wise is a small village with a tight-knit community where residents understand the meaning of neighborliness and friendliness.

3. Natural beauty - Wise's surrounding is the Appalachian Mountains that offer a breathtaking natural view.

4. Educational opportunities - Wise is home to the University of Virginia's College at Wise, providing excellent educational opportunities.

The few disadvantages that can come with buying property in Wise, Virginia are:

1. Limited job opportunities - Wise is a small village with limited job opportunities.

2. Rural location - Wise is in a remote area of Virginia, which may not appeal to everyone who prefers the amenities of the metropolitan area.

3. Harsh winter weather - The Appalachian Mountains can have harsh winter weather that may not be appealing to some individuals.