Pros of home ownership in Basin, Wyoming:
- Affordable housing prices: The median home value in Basin is around $164,000 which is significantly lower than the national average. This makes home ownership more accessible to people who want to live in Basin.
- Lower property taxes: Wyoming has one of the lowest property tax rates in the country, which can help reduce the overall cost of owning a home.
- Peaceful mountain town: Basin is located in Big Horn county and surrounded by natural beauty such as the Bighorn National Forest. It is a peaceful mountain town that offers a slower pace of life, clean air, and access to outdoor recreation such as fishing, hiking, and skiing.
- Sense of community: Basin is a small village with a strong sense of community, where people know each other and look out for one another.

Cons of home ownership in Basin, Wyoming:
- Extreme weather conditions: Wyoming is known for its harsh winters and unpredictable weather conditions. This can make it challenging for homeowners to maintain their properties, keep their homes warm during the winter, and clear snow from driveways and walkways.
- Limited job opportunities: While Basin is located near agriculture and energy-related industries, the job opportunities are limited. It may be challenging for homeowners to find employment nearby.
- Limited amenities: Because it is a small village, there are limited amenities available in Basin. Homeowners may need to travel to bigger cities to access goods and services like healthcare, grocery stores, and entertainment options.
- Distance from major cities: Basin is isolated from major cities in the state. Homeowners may need to plan their trips to the city efficiently, and expect longer driving times to access major airports, shopping centers, and other services.