... and on the other hand a solution where all real estate ownership is divided equally between him, his wife (my mother), and me.
To me as an outsider, this solution sounds fair (assuming that he does not want to assign you the house that you built and paid for yourself), provided that, as a balance, all the forestry and agricultural land you mentioned in another post are also included, so it concerns the total property. You would then not own anything alone and would have no sole authority of disposal, but at least more than now.
I can also imagine that if you are virtually an "equal contracting party" with your parents and this is documented in writing in all the paperwork, your parents might perhaps perceive you somewhat more than now as an independent, legally competent adult and not just as a "child." In addition, from time to time there may be decisions to be made, bills to pay, all "adult stuff."