The city of Chariton in Lucas County, Iowa, offers a number of attractive benefits for homeowners. One of the most appealing aspects is the affordable cost of living. Home prices in the area are relatively low and property taxes are among the lowest in the state. In addition, the community is close-knit and family friendly, offering a number of recreational activities and outdoor spaces for families to enjoy.

On the downside, Chariton can be prone to severe weather. The area is regularly hit by strong storms, including tornadoes and hail, which can cause damage to homes and property. Additionally, while crime rates are generally low in the area, there have been some reports of theft and vandalism in some neighborhoods.

Here are some potential pros and cons of buying property in Chariton, Iowa:

Pros:
- Affordable housing: Chariton has a relatively low median home cost compared to some other areas of the country.
- Rural living: Chariton is a small town located in a rural area, so if you enjoy a quieter, slower pace of life, this could be a positive for you.
- Access to outdoor recreation: The town is near Lake Rathbun, which offers opportunities for fishing, boating, and other outdoor activities.
- Close-knit community: Small towns often have a strong sense of community, so if you value that, Chariton could be a good choice.

Cons:
- Limited job opportunities: Chariton is a small town, so job opportunities may be limited, especially if you are looking for work in a specific field.
- Limited amenities: The town is relatively small, so there may not be as many shopping, dining, or entertainment options as you would find in a larger urban area.
- Harsh winters: Iowa winters can be harsh, with cold temperatures and significant snowfall, so if you're not used to that, you may find it difficult to adjust.
- Distance from major cities: Chariton is about an hour and a half south of Des Moines, so if you're looking for easy access to a larger city, it may not be the best choice.

It's important to keep in mind that these are generalizations and your specific experience may vary based on your individual circumstances and preferences.