Living in Malden, Missouri has many great advantages. The city is located in the beautiful Ozark Mountains and is close to many state parks and other outdoor activities. The cost of living is much lower than other parts of the state, making it an attractive option for those looking to save money. The community is also close-knit and welcoming, with a wide variety of restaurants and shops to explore.

On the downside, Malden is a small city with limited job opportunities. Many people are employed in the local tourism industry or in retail and service jobs, so if you're looking for a career change, it may not be easy to find a job in Malden. Additionally, there are few public transportation options available in the city, so if you don't have a car or access to one, you may struggle to get around town.

Pros of homeownership in Malden, Missouri:

1. Affordable homes - The median home value in Malden is lower than the national average, making homeownership a more affordable option.

2. Low cost of living - The cost of living in Malden is lower than the national average, which can make homeownership more affordable.

3. Small town feel - Malden is a small town, so homeownership can provide a sense of community and connection.

Cons of homeownership in Malden, Missouri:

1. Risk of natural disasters - Malden is located in an area that is susceptible to natural disasters like tornadoes and floods, which could damage homes.

2. Limited job opportunities - Because Malden is a small town, there may be limited job opportunities in the area.

3. Limited amenities - Malden may not have as many amenities as larger cities, which could impact the quality of life for some homeowners.

It is important to note that this is just a general list of pros and cons and that each person's individual circumstances will impact their decision regarding homeownership in Malden.