Living in Los Lunas, New Mexico has many great aspects.

Firstly, the city is located near the Rio Grande, offering many outdoor activities such as fishing, boating, and swimming. Additionally, the city has a variety of restaurants and shopping centers, providing an array of entertainment options. Lastly, Los Lunas is close to Albuquerque, making it easy to enjoy all that the larger city has to offer.

On the downside, the cost of living in Los Lunas is slightly higher than the US average.

There are several benefits of homeownership in Los Lunas, New Mexico. Here are a few of them:

1. Building equity: Owning a home is an investment that builds equity over time, which can help you increase your net worth.

2. Tax benefits: Homeownership comes with potential tax benefits, such as mortgage interest deductions and property tax deductions.

3. Stable housing costs: When you own a home, your housing costs are generally more stable than when you are renting. You have more control over your monthly expenses, and you don't have to worry about rent increases.

4. Pride of ownership: Owning a home is often seen as a source of pride for many people. It gives you a sense of accomplishment and stability in your life.

5. Customization: When you own a home, you have the freedom to customize it as you please, without having to worry about landlord restrictions.

Keep in mind that these benefits are not unique to Los Lunas, but apply to homeownership in general. However, the city of Los Lunas does offer a small town feel with easy access to nearby amenities such as Albuquerque, a strong sense of community, and a low cost of living.