Advantages of home ownership in the village of Dover Base Housing, Delaware:

1. Increased Privacy: When you own a home, you have control over your property and can ensure your privacy.

2. Tax Benefits: Homeowners can deduct mortgage interest payments and property taxes from their income taxes, resulting in significant savings.

3. Security: Home ownership provides financial security and long-term stability, as it's a major investment and significant asset.

4. Equity: Over time, as the value of the home appreciates, you'll build equity and could potentially sell the property at a profit.

5. Sense of Community: Home ownership allows you to build roots and connect with your neighbors and community.

Disadvantages of home ownership in the village of Dover Base Housing, Delaware:

1. Maintenance Expenses: As a homeowner, you're responsible for all maintenance and repairs, which can sometimes be costly.

2. Potential for Decrease in Property Value: If the housing market declines, it could negatively affect the value of your home.

3. Homeowners Association Costs: Many neighborhoods with Homeowners Associations (HOAs) have additional fees that can add up.

4. Limited Flexibility: As a homeowner, it can be difficult to move or make changes to your property, as this requires selling the home or obtaining approval from the HOA.

5. Property Taxes: Depending on the value of the home and assessing jurisdiction, taxes on property ownership can be high.