Lake Waukomis is a small village within Platte County, Missouri that is centered around a 225-acre lake. Here are some advantages and disadvantages to consider for home ownership in Lake Waukomis:

Advantages:
- Lakefront living: Lake Waukomis provides homeowners with the opportunity to live directly on the water, allowing for easy access to boating, fishing, and other water activities.
- Strong sense of community: Being a small village, Lake Waukomis has a tight-knit community with many different neighborhood events and activities throughout the year.
- Low crime rate: According to NeighborhoodScout, the crime rate in Lake Waukomis is significantly lower than the national average.
- Kid-friendly environment: The village has a play area and several kid-friendly areas.
- Close proximity to major cities: Lake Waukomis is located approximately 20 minutes from the downtown area of Kansas City, Missouri.

Disadvantages:
- High costs: Lakefront living is often associated with higher costs. Homeownership in Lake Waukomis is generally more expensive than other nearby areas.
- Limited job opportunities: While Lake Waukomis is close to Kansas City, there may be limited job opportunities within the village itself.
- HOA fees: Lake Waukomis is a community that has a homeowner's association, and the fees for maintaining the community may not be favorable for some homeowners.
- Limited space: Lake Waukomis is a small village and may not have the space for larger homes or plots of land.
- Restricted activities: The lake is private and homeowners who don't have lake access, will not be able to take advantage of the benefits that come with lakefront living.

It's always a good idea to weigh the pros and cons carefully when considering where to buy a home. Ultimately, the decision will depend on what is most important to you and your lifestyle.