Firstly, it is important to note that Edisto is an unincorporated community rather than a village, but there are still pros and cons to homeownership in this area.

Pros:
- Edisto is located in a beautiful natural setting with access to the Atlantic Ocean and numerous rivers and creeks, making it a popular destination for outdoor recreation and relaxation.
- The cost of living in Edisto is relatively low compared to many other areas, which can make homeownership more affordable.
- Property taxes tend to be relatively low in South Carolina, which can be a benefit for homeowners in Edisto.
- Owning a home can provide a sense of stability and security for individuals and families.

Cons:
- The real estate market in Edisto can be highly competitive, with limited inventory and high demand leading to higher prices.
- Owning a home comes with various expenses, such as property maintenance and repairs, that can add up over time.
- Natural disasters such as hurricanes and flooding can pose a risk to homes in this area, which could be a concern for some homeowners.
- If you are not a full-time resident of Edisto, renting out your property to vacationers may be an option, but it requires additional management and can interrupt your use of the property.

Overall, the decision to buy a home in Edisto will depend on your personal circumstances, priorities, and goals. Consider working with a local real estate agent to explore your options and find a property that meets your needs and budget.