Some benefits of homeownership in the village of Estherwood, Louisiana may include:

1. Building equity: As a homeowner, you have the opportunity to build equity in your home, which can increase over time as you pay down your mortgage and your home's value appreciates.

2. Stable housing costs: With a fixed-rate mortgage, your housing costs can be predictable and will not fluctuate with changes in market rent prices.

3. Tax benefits: Homeowners may have some tax benefits, such as the ability to deduct mortgage interest from their taxable income.

4. Control over your living space: As a homeowner, you get to make improvements and renovations to your home to personalize and improve your living space, something that renters do not generally have the opportunity to do.

5. Sense of community: Owning a home can help you establish roots in a community, allowing you to build relationships with neighbors, participate in local events, and feel more connected to your surroundings.

It's worth noting that the benefits of homeownership can vary depending on individual circumstances, and there are also potential downsides and risks to consider, such as maintenance costs, property taxes, and the potential for declining property values. It's important to carefully evaluate your own financial situation and goals before making a decision about homeownership.