Lincoln, Vermont is a small and quiet village located in a rural setting. Here are some potential pros and cons of homeownership in Lincoln:

Pros:
- Scenic location: Lincoln is surrounded by beautiful natural scenery, which can be a major attraction for homeowners seeking peace and quiet away from the hustle and bustle of city living.
- Community feeling: Small towns like Lincoln often have a strong sense of community, and homeowners can benefit from the close-knit relationships built among residents.
- Good schools: Lincoln is part of the Addison Central School District, which has a reputation for being one of the best school districts in Vermont. This can be a great benefit for families with children who are looking to invest in a home in the area.

Cons:
- Limited amenities: Lincoln is a small village with limited shopping, dining, and entertainment options. Homeowners will need to travel to larger towns for access to these amenities.
- Seasonal weather: Vermont winters are notoriously long and cold. This may be a drawback for homeowners who are not accustomed to harsh winters.
- Limited job market: Lincoln's small size means that there are limited job prospects in the area. Homeowners may need to commute to larger towns for work.

Overall, living in Lincoln can provide a peaceful and scenic escape from urban living, but may require some sacrifices in terms of amenities and job prospects. It's important to consider these factors when making a decision about home ownership in the area.