Pros of home ownership in the village of Addison, Maine:

1. Natural beauty - The village is located in a scenic area with beautiful natural landscapes, forests, and coastline.
2. Close-knit community - Addison has a small and active community that is friendly and welcoming.
3. Lower cost of living - Compared to urban areas, Addison has a lower cost of living which makes it possible to buy a home for a lower price.
4. Potential rental income - If you buy a home in Addison, you can potentially rent out part of it or the entire home, which could generate rental income.

Cons of home ownership in the village of Addison, Maine:

1. Seasonal tourist destination - Addison is a seasonal tourist destination, meaning the local economy may fluctuate in a dependence from the seasonal volume of tourism.
2. Limited job opportunities- The village is small, with limited job opportunities. Residents may need to commute to nearby towns for work.
3. Risk of natural disaster - As a coastal town, Addison may be at risk of natural disasters such as hurricanes, heavy rains, and flooding.
4. Harsh winters - Maine has very cold and snowy winters, which can be a disadvantage for some.