I had a homebirth with my first and am planning it again for my second.
Absolutely no regrets, I would say just do all the research you can and make your own informed choice, don't be swayed by people who say you're selfish for having a homebirth (they clearly haven't done any research at all) and those who say their baby would have died if they'd had a homebirth (you don't know what would have happened to your birth if the situation was different, and there are plenty of stories of babies that would not have died if they'd not been born in a hospital) - choose what makes you feel safest and most confident and comfortable, then you're halfway there to having a good birth.
My big plus points were anxiety over associations with hospitals being places of death and illness, freaking out at the sound of other women in agony giving birth, having one midwife to several women rather than one on one care throughout by the same midwife, and a second joining in the later stages (as mentioned, they would get you to hospital quicker than you'd get to surgery form the ward because of prep time, and their powers of observation are not just better becaue they won't risk anything going wrong at home, but because they are there to observe you and only you), not dealing with the horrid sounding post natal wards, feeling more in control in my own surroundings, not wanting an epidural as further intervention is more likely and I'd like to avoid uneccessary major abdominal surgery if possible!
When I gave birth the pushing stage was so quick I went into shock - one midwife took care of DS, the other took care of me, calmed me down, got my showered and dressed then brought my son to me, I felt totally safe in her care.
And if at any stage during your labour you want to go to hospital, you can - unless you book in for a homebirth you don't have the same flexibility.
I gave birth in a rented terraced victorian conversion flat and plan to do the same again (both tiny two-bedders), my neighbours were all at work last time and this time we've warned them all. I'd probably ship the dogs out though (like I will be doing with my son this time!)