My reasons for purchasing are right along your lines of thoughts. I have kids in the 5-7 range, and wanted to have a nice environment before they get too much older. I’ll never get this time back, and if it costs me a bit on the house, then that is a price I am willing to pay. I am _not_ trying to push my decision on other in this list, so lets not start bashing again. The right decision and timing for each person has to do with a lot of factors.
I didn’t make an offer on the house you were interested in, but that is a very nice place. I hope you can find what you are looking for at a great price.