Pros of home ownership in Green Level, North Carolina include:

1. Affordability: Green Level has a reasonable cost of living compared to other places in North Carolina, making it an affordable option for homeowners.

2. Community: Green Level has a small-town feel with a tight-knit community, which can be great for families or individuals who prefer a sense of community.

3. Location: Green Level is conveniently located near larger cities such as Greensboro and Raleigh, which provides access to more job opportunities, shopping centers and cultural events.

Cons of home ownership in Green Level, North Carolina include:

1. Property taxes: Property taxes in Alamance County can be relatively high compared to other parts of the state which can be challenging for homeowners to budget for.

2. Weather: Green Level is located in an area which is prone to hurricanes and severe weather conditions.

3. Limited job opportunities: While Green Level may be conveniently located near larger cities, job opportunities in the immediate area may be limited, which might require a commute to nearby cities for employment.

It is important to consider both the pros and cons of home ownership in Green Level, and to carefully evaluate your personal circumstances and financial goals before making a decision.