Clarence is a town located in Erie County, New York. Here are some general pros and cons of home ownership in the area:

Pros:
- Property values in Clarence tend to appreciate over time, making it a good long-term investment.
- Homeowners have more control over their living situation and can make changes to their property as they see fit.
- Owning a home can provide a sense of stability and can lead to a stronger sense of community involvement.
- Homeowners can build equity over time, which can be used for future financial decisions such as retirement, education, or other investments.

Cons:
- Homeownership can be expensive, with costs such as property taxes, maintenance, and repairs adding up over time.
- Depending on the location and condition of the home, it can take time and money to find a property that meets your needs and budget.
- If homeowners have a mortgage, they are tied to that debt until it is paid off or the home is sold.
- Economic shifts, natural disasters, or other unforeseen events could impact the property value of the home.

Overall, homeownership in Clarence can be a great long-term investment, but it is important to carefully consider the costs and responsibilities before making a decision.