Good:
1. Ada offers a low cost of living compared to other cities in the region. The median home value is around $74,000, which is much lower than the national average.
2. Ada has a vibrant local arts and culture scene. There are plenty of museums, art galleries, and cultural festivals that are great for exploring the local heritage.

Bad:
1. Ada has limited public transportation options. While there are some bus routes, they don't cover the entire city and can be unreliable at times.

Here are some benefits of homeownership in the city of Ada, Oklahoma:

1. Affordable Housing: Ada is an affordable place to live, with home prices below the national average. This makes it a great place to own property, as you can get a lot of value for your money.

2. Strong community: Ada has a strong community spirit, which is reflected in the many local events and festivals that take place throughout the year. Living in a close-knit community can provide a sense of belonging and security.

3. Accessible amenities: Ada is home to many parks, sport centers, and recreation centers. It also has a thriving downtown area with unique shops, restaurants and entertainment venues.

4. Good schools: The Ada Public Schools system is highly rated, making it a great place to raise a family. Having good schools nearby could increase your property value and improve your quality of life.

5. Growing economy: Ada is home to many businesses, including several manufacturers in the industrial park. This provides job opportunities for the residents of the city and a growing economy could lead to appreciation of your property value.