Here are some potential pros and cons of home ownership in Winona, Missouri:

Pros:
- Lower cost of living compared to many larger cities in the US.
- Homeownership can build equity and provide long-term financial benefits.
- Winona has a small town community feel, which can be appealing to those who enjoy that type of lifestyle.
- The town is located in a beautiful area with plenty of opportunities to enjoy outdoor activities like hiking and fishing.

Cons:
- Economic opportunities may be limited in Winona, which can make it difficult to find employment or start a business.
- The town is relatively small, which may not provide the amenities and entertainment options that some people desire.
- The cost of homes in the area may be lower, but property taxes may still be relatively high.
- Infrastructure can be limited in rural areas which may lead to limited internet connectivity or other services.

These are some general pros and cons, but it's important to keep in mind that individual experiences and circumstances can vary.