Home ownership in Ossun, Louisiana offers its residents many benefits. First, is the sense of community and pride that comes with being part of a town with a strong local identity. Homeowners have access to a variety of local amenities such as parks, schools, and other services. Secondly, Ossun is close to a variety of attractions in Lafayette Parish including shopping, dining, and entertainment. Finally, Ossun has a low cost of living which makes it an attractive option for families looking to purchase a home. The one not so good thing about home ownership in Ossun is that property taxes can be high due to the cost of living and city services within the area.

Pros:
1. Ossun is a small and peaceful village, which might be a good fit for those who prefer a quieter lifestyle.
2. The cost of living in Ossun is lower compared to other parts of Louisiana, which means you may be able to get more property for your money.
3. The village is only about 15 minutes away from downtown Lafayette, which means you have access to amenities like restaurants, shopping, and healthcare.
4. Ossun has a strong sense of community, which can be appealing to some individuals.

Cons:
1. Property values in Ossun may not appreciate as quickly as other areas in Louisiana, which may impact your return on investment.
2. The village is relatively small, which means there may be fewer job opportunities compared to larger cities.
3. Ossun may not have as many amenities as other Louisiana towns, which could be a drawback for some people.
4. While the area is generally peaceful, living in a rural area can have some drawbacks, such as potential for wildlife encounters or limited access to emergency services.

It's important to note that these pros and cons may not be exhaustive and may not apply to every individual's circumstances. It's recommended that you do your own research, visit the area, and speak with locals or a real estate agent to make an informed decision.