Think of the bond as a second mortgage that is automatically assumed by a new buyer.
If you pay it off in the first few years of ownership and you decide to sell/move, you would need to add what would be the remaining balance to your selling price to be even. That would mean you would have to sell for x dollars more than someone selling that did not pay off the bond, a tougher sell. Since most Villagers move a few times, this is a real consideration.
Also, I think if you are earning near or more than the bond interest on your investments, it makes little since to give up that liquidity to feel debt free.
Also, since it is tax time, remember that if you pay early you get to take the early pay discount on the bond too.
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