Positive Aspects:
1. New Lebanon is a great place to raise a family with its small-town atmosphere and friendly citizens.
2. Homeownership in New Lebanon offers access to excellent public schools and a wide range of recreational activities.
3. Property taxes are relatively low compared to other cities in Montgomery County, making it an attractive place to purchase a home.

Negative Aspect:
New Lebanon has limited access to public transportation, meaning that those who live here must rely on cars to get around.

Pros of home ownership in New Lebanon, Ohio:
1. New Lebanon has an affordable cost of living compared to other cities in the state and region.
2. Homeownership can build equity over time and provide long-term financial benefits.
3. Owning a home can contribute to a strong sense of community and belonging.
4. Homeowners have more control over the property, can renovate as they like, and generally have more stability than renters.

Cons of home ownership in New Lebanon, Ohio:
1. New Lebanon is a small town with a limited job market, which could make it difficult to find employment opportunities.
2. Ohio has property taxes that can be higher than the national average, which could make homeownership in New Lebanon more expensive over time.
3. The town has a limited selection of homes for sale, which could make it difficult to find the perfect property for one's needs.
4. Homeownership also comes with added responsibilities such as paying for maintenance and repairs, which can be expensive and time-consuming.