Advantages of home ownership in general may include:
- Building equity over time
- Potential investment opportunity if the property increases in value
- Control over the property (i.e. renovations, decor, etc.)
- Tax benefits through mortgage interest deductions and property tax deductions (consult a tax professional for specifics and eligibility)

Disadvantages of home ownership in general may include:
- High upfront costs including down payment, closing costs, and moving costs, making it difficult to enter the market
- Responsibility for maintenance and repairs, which can be costly and time-consuming
- Property values can fluctuate and may decrease in value, resulting in a potential loss in investment money
- Limited mobility and flexibility if you need to move due to job relocation or other reasons

Again, these advantages and disadvantages are general and may not apply to Athens village in Maine specifically. It is important to do thorough research and consider all factors before making a decision to purchase a home in any area.