Should I buy move in ready or fixer upper? $$$$$

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Hey everyone,

I'm having a huge problem. My wife and I are shopping for a house. Originally we started out to find a distressed property to fix up so we could get an awesome deal and have everything we want. Then we started looking at listed homes and I thought we could get a deal going with a short sale or Reo. None of that seems to be working because it seems like when agents are involved we end up at fair market price. Now we're looking at a home that we love but its at fmv. This is a beautiful home but not our dream home which we want to buy in 6-8 years and we're getting an FHA loan. I'm just worried that we're buying this place too high. Should I switch plans. The realtor is telling me theres a good chance the neighborhood will go up. It's definitely one of the nicest but what do you guys think. Is this the way to buy a house?