Some potential pros of homeownership in Conning Towers Nautilus Park, Connecticut could include:

1. Steady Investment: Homeownership can be a stable long-term investment. As a homeowner, you build equity with every mortgage payment, which can ultimately grow as the home's value appreciates over time.

2. Control over Property: Owning a home can allow for greater control over the property, which means the freedom to make any changes to your liking.

3. Tax Advantages: In general, property taxes and mortgage interest payments are tax deductible. Meaning, you can get more deductions than renters do.

However, there are also some potential disadvantages to homeownership in Conning Towers Nautilus Park, Connecticut, including:

1. Maintenance Costs: Homeowners are responsible for all home maintenance and repairs, which can be costly and time-consuming, depending on the extent of the work and upkeep required.

2. Housing Market Instability: The value of your home can fluctuate depending on the state of the housing market - as happened in 2008 recession which left many homeowners under water with debts of more than the value of their homes. This can create financial instability and make it challenging if you have to sell quickly.

3. Limited Flexibility: Homeownership can tie you down to a specific location, which can be limiting if you need to move quickly for work, family or other reasons .