Help me wrap my head around this.

My wife and I currently have a great home in a busy city in Oklahoma (I know, Oklahoma has no busy cities - too busy for me). It is worth roughly $355,000. Our mortgage is $2800 per month. We owe $307,000 atm.

I hate the city. She hates working. She has recently shown interest in moving to the country to begin a family and stop working. I make $92k per year, she makes $72k per year. My job offer (if I accept) in the country is $103k per year. She may work prn for up to 20-30k per year.

There are 120 acres out in the country that belong to my dad that he would allow us to build on. Consider the land free.

The land we would build on has a water line to a hydrant (previously used to water cattle) Appx 50 yards inside the property. There is overhead 3 phase power at the road. The homesite would be up on a semi-rocky hill 200 yards from the road. There is an existing gate and the beginnings of a driveway (couple tons of gravel would do it).

I just spoke to a trusted local GC that said tariffs have not impacted him and that he wouldn’t be worried. He figures that $150 per sqft would get a nice home built.

1) do you think this is a smart move considering the current state of our government?

2) what do you expect total cost of a build including utilities (suspect anaerobic septic, underground power, no gas - total electric)?

3) should I pass on this great job offer in hopes that things are better in the next few years?

4) what am I not thinking through??

Really looking for fresh perspectives and clarity.