Pros of owning a home in Pagedale, Missouri include:

1. Affordable housing: Pagedale has a relatively lower median home price compared to other areas within St. Louis County, making it a great option for first-time homebuyers or those on a tight budget.
2. Access to amenities: The village has access to several amenities like parks, schools, grocery stores, and restaurants, making it a convenient place to live.
3. Community spirit: Pagedale has an active community spirit, with regular events and a strong focus on community involvement.

Cons of owning a home in Pagedale, Missouri include:

1. High taxes: The property taxes in Pagedale are relatively high compared to neighboring areas.
2. High crime rate: Pagedale has a higher-than-average crime rate, especially when it comes to property crime like burglary and theft.
3. Limited job opportunities: Pagedale is a small village, and job opportunities within the city limits are limited. Many residents commute to other areas for work.
4. Flooding: Pagedale is prone to flooding, which can be a risk for homeowners in certain areas of the city.

As with any community, it is important to thoroughly research and weigh the pros and cons before making any decisions about home ownership.