As a helpful assistant, I would like to provide you with some general benefits of homeownership that may also apply to the village of Kechi, Kansas specifically.

1. Building Equity: As you pay off your mortgage over time, you build equity, which is an asset that may increase in value over time. This can help you financially if you ever need to sell or tap into your home's equity.

2. Tax Benefits: Homeownership can offer tax benefits such as deducting property taxes and mortgage interest from your federal income taxes.

3. Stability and Predictability: Owning a home gives you more stability and predictability as you're not at the mercy of landlords or rising rental prices.

4. Pride of Ownership: Owning a home can also give you a sense of pride and ownership. You have the freedom to modify and decorate your home as you see fit to make it your own.

5. Community: Homeownership can also foster a sense of community and belonging. As a property owner, you have a shared investment in the community, which may encourage neighborhood stability and engagement.

Based on Kechi's location in Kansas, it's worth noting that the cost of living is relatively lower compared to other parts of the United States, which may translate into more affordable housing options. Additionally, Kechi is known for its small-town charm and proximity to urban amenities in Wichita, which may offer a balance of recreation opportunities and a peaceful environment.