Pros of home ownership in Middlebourne, West Virginia include:

1. Affordability: The cost of living in Middlebourne is lower than the US average, making it an affordable place to own a home.

2. Peaceful lifestyle: The village is a relatively small community, with a welcoming atmosphere that offers a slower pace of life.

3. Natural beauty: Middlebourne is located near Tyler County State Park, which means residents can enjoy outdoor recreational activities like hiking and camping.

4. Potential for property value growth: The West Virginia housing market has been consistently stable with steady appreciation rates over the past years.

Cons of home ownership in Middlebourne, West Virginia include:

1. Limited job opportunities: As a small community, job opportunities can be limited, and residents may need to commute outside the village for work.

2. Harsh weather conditions: Due to the village's location in the Appalachian Mountains, Middlebourne experiences harsh winter weather, making maintenance and home repair challenging.

3. Limited amenities: Middlebourne has a limited selection of amenities with the closest major shopping options being in Parkersburg, which is about an hour away.

4. Flood risks: Located close to the Ohio River, the village is subject to flooding, which could cause property damage and insurance premium increases.

It is important to research and consider all factors before making a decision to buy a home in Middlebourne, West Virginia.