There are several benefits of homeownership in the village of Green Park, Missouri, including:

1. Equity build-up: As you make mortgage payments, you are building equity, which is essentially the portion of the home that you own outright. Over time, your equity can grow, allowing you to build wealth and potentially realize a return on your investment.

2. Stability: When you own a home, you have more stability and control over your living situation. You can make changes and renovations to your home without having to get permission from a landlord, and you can stay in your home for as long as you want (assuming you can make the mortgage payments).

3. Tax benefits: Homeowners in Green Park, Missouri may be able to deduct mortgage interest and property taxes on their federal income tax returns, which can help lower their tax bill.

4. Potential appreciation: Real estate values in Green Park, Missouri may appreciate over time, which means that your home could be worth more than you paid for it if you decide to sell in the future.

5. Sense of community: Homeownership allows you to become part of the community in Green Park, Missouri. You can get involved in local events and organizations, and build relationships with your neighbors.