Lester Prairie, Minnesota is a small village with a population of approximately 1,700 people. Here are some general pros and cons to consider for home ownership in Lester Prairie:

Pros:
- Affordability: the cost of living in Lester Prairie is about 17% lower than the national average, which means that generally, housing prices in the village are more affordable than other areas.
- Small town atmosphere: Many people appreciate living in a small town with a friendly community where people know each other.
- Low crime rate: Lester Prairie has a relatively low crime rate compared to other areas in Minnesota.

Cons:
- Limited job opportunities: As Lester Prairie is a small town, there are limited job opportunities available in the village, which means that residents may have to commute to larger towns or cites for work.
- Limited amenities: Although the town has a grocery store, a gas station, and a few local restaurants, there are fewer amenities and entertainment options compared to larger cities.
- Weather: Minnesota can be cold and snowy in the winter, so it may not be for everyone.

It's important to remember that everyone's needs are different, so what may be a pro for one person may be a con for another. Ultimately, it depends on what you are looking for in a home and a community.