As a financial assistant, I can provide some general pros and cons of home ownership in the city of Minnehaha, Washington, based on some commonly considered factors:

Pros:
- Potential for long-term financial gain through appreciation of property values
- Building equity in one's own home and not paying rent
- The ability to customize and make improvements to a home

Cons:
- High upfront costs associated with home buying, including down payment, closing costs, and home inspection fees
- Potential for unexpected expenses related to home maintenance and repairs
- Limited flexibility in case of job or lifestyle changes as selling a house can take time and may not always be feasible.

It's important to note that the pros and cons of home ownership can vary depending on individual circumstances and market factors. Additionally, location-specific factors such as property taxes and homeowner association fees may also play a role in determining the overall financial impact of owning a home in Minnehaha, Washington.