What is wrong with the plans? What don't you like about them?
A completely different thought. You are planning another child, so I assume you are still under 40, and another 40 years should pass until the anticipated, possible need for care (excluding tragic accidents or serious illnesses). No one knows how care will be organized by then.
You said the neighboring house belongs to the parents and they also have a granny flat, did I get that right?
By the time it is your turn, the inheritance will surely have occurred (not meant to be heartless) and depending on whether you still have siblings and what they want, you could then move into the parents' house and have all the possibilities there that you have to compromise on today with your new build.