Some advantages of home ownership in Fort Leonard Wood, Missouri, include building equity, stability, and the freedom to modify and personalize your living space. Additionally, as compared to renting, mortgage payments may be more affordable in the long run. However, there are some potential drawbacks you should consider, such as the ongoing cost of maintenance and repairs, higher utility bills than in a rental, property taxes and insurance, and the possibility of declining property value. Additionally, owning a home is a long-term commitment and you may find it difficult to move in short notice if your work or personal circumstances change.