Moving...possibly

Just wanting opinions..

My SO bought a trailer house for us 3 years back, we still owe quite a bit on it. 3bed 2 bath. Farmhouse kitchen.

Well my parents are fixing to build them a new house & instead of tearing down my childhood home they’re offering it to us.

We would pay taxes and any repairs it would need.

My question is does anyone think this would be a bad idea?

It’s a two story house that my dad started designing for me when I was a kid. The bathroom is tiny & far away from the master bedroom. The kids rooms are upstairs. Kitchen is tiny & washroom is next to the bathroom & beside the kitchen. The original house was tiny and added on to. We haven’t looked into what it would cost to renovate but it’s bound to be cheaper than what we owe on the trailer right?

Currently making monthly payments of $1200& still owe $90,000. If anyone has done something similar to this has it been a bust?