Fredericktown is a great place to live with lots of positive aspects. It is located in Madison County, Missouri and has a small-town feel with plenty of activities, restaurants, stores and parks. The people are friendly, the cost of living is low, and the area is surrounded by beautiful natural scenery. One not so great aspect of Fredericktown is the lack of public transportation. While there are several car rental companies in the area, it can be difficult to get around without your own car.

Here are a few benefits of home ownership in the town of Fredericktown, Missouri:

1. Stable Housing Costs: When you own a home, your monthly housing costs are more stable than if you were renting, as your mortgage payment is fixed (assuming you have a fixed rate mortgage). Furthermore, you aren't subject to rent increases that are often out of your control.

2. Building Equity: As you pay off your mortgage, you will be building equity in your home. This can be an important source of wealth over time, as you can use this equity to pay for large expenses, such as education or home improvements.

3. Sense of Community: Owning a home in Fredericktown, Missouri can help you feel more connected to your community. As a homeowner, you have a vested interest in the local schools, parks, and other amenities, making it more likely that you will get involved in community events and activities.

4. Potential Tax Benefits: Homeownership can also come with potential tax benefits. For example, you may be able to deduct your mortgage interest and property taxes from your taxable income.

5. Control Over Your Living Space: When you own a home, you have more control over your living space. You can make changes and renovations as you like, without having to get permission from a landlord.