Here are some potential pros and cons of home ownership in Aurelius, New York:

Pros:
- Stable Housing Costs: When you own your home, your housing costs are typically more stable than if you were renting. You don't have to worry about rent increases or having to move unexpectedly.
- Building Equity: Over time, as you pay down your mortgage, you're building equity in your home. This equity can be used in the future to fund other goals, like buying another property or funding retirement.
- Pride of ownership: Owning a home can provide a sense of pride and community belonging, as you're investing in your property and contributing to your local neighborhood.
- Potential tax benefits: Homeowners may be able to deduct mortgage interest and property taxes on their federal income taxes, potentially reducing their tax bill.

Cons:
- Repairs and Maintenance: Homeowners are responsible for all repairs and maintenance on their property. This can be costly and time-consuming, and unexpected repairs can throw a wrench into your finances.
- Higher Upfront Costs: When you buy a home, you typically need to put down a substantial down payment and pay closing costs. This can be a significant upfront expense.
- Less Mobility: If you need to move, it can be more difficult and time-consuming to sell your home and find a new one. This can be a con if you anticipate needing to move for work or other reasons in the near future.
- Potential Decline in Property Value: If the real estate market takes a downturn, your property value could decline, potentially leaving you with less equity in your home.