Advantages:
- Somerset is located within commuting distance to both St. Paul and Minneapolis, offering residents access to a variety of job opportunities, cultural events, and entertainment.
- Somerset enjoys a peaceful, small-town atmosphere while still being close to larger cities.
- The village offers a range of housing options, from single-family homes to townhouses and apartments, to meet the needs of different types of homeowners.
- The village has a strong sense of community, with many local events and celebrations throughout the year.
- Somerset is located near the St. Croix River, providing opportunities for water-based recreational activities like boating and fishing.

Disadvantages:
- Winters in Wisconsin can be harsh, with cold temperatures and heavy snowfall.
- Somerset, like many rural areas, may have limited access to certain amenities and services, such as shopping and healthcare.
- While Somerset offers a variety of housing options, real estate prices in the area may be higher than in some other nearby communities.
- Traffic can be heavy on the main highways leading in and out of the area during commuter rush hours, which may be a challenge for some residents.
- As with any real estate purchase, there is always some level of risk involved, including the possibility of property values declining.