Here is one rough layout of walls removed. The wall between the kitchen and living room is, most likely load bearing. The room dimensions are too small, so I don't know if there is enough space for two baths.

You need to talk to a structural engineer before you get your heart set on any layout. With enough time and money, you could do almost anything, but the structural engineer would be able to give you some parameters for what is more likely. Then you can do floor plans.

You should probably also plan this in phases. Even if you are very handy, you will need to have a plumber and electrician and structural engineer and architect to draw up plans for permits. Plus most people removing structural walls hire professionals for that part as they should. It's not really a YouTube friendly DIY, even if there are videos of how to do it. Those professionals (adding on/moving plumbing and plumbing fixtures, updating electrical, nee beam, possibly new supports for that beam in thr basement, etc) and some of the materials will probably cost you close to 50K unless you are in a very LCOL area. Doing this in phases might be frustrating, but would make it more doable.

It may also be worth doing some asbestos testing before tearing into walls and ceilings in a house from that era. You don't want to unleash that!

(For what its worth, I have wanted to take out a wall between my kitchen and dining room for years but my husband, who does have the technical experience to do it, says it will be too much of a pain to be worth it.)

Good luck and keep updating!

Thank you! Im trying to figure out a way to move non essential walls to create a sense of openness without removing the load bearing wall. We've done the testing and are free and clear!

Your suggestions of people to speak with are so helpful and right in kine with who i've written down about "people to talk to". As far as the DIY goes we intend to hire people to do the beams if necessary and then any electrical and plumbing. Other than that were looking to do the work ourselves!

Again, thanks so much for your input!! I will continue to update!

If you remove the conventionally framed roof and replace it with roof trusses the only bearing walls will be the long exterior walls and you can do just about any layout you want. You may have to increase your budget a bit.

Wow! We hadnt even thought of that, thank you!

Do you know a general range of how much that might cost to do?

Instead of opening it front to back, leave the load bearing wall, and open the back of the house, so the kitchen, living, and dining stretch across the back. Move the bathroom and the bedrooms to the front of the house.

There are benefits of having a local architect involved in a construction/remodeling project, usually outweighing the drawbacks. They will most likely bring up other things you have not thought about, and may even have a handle on local construction costs.

I will definitely look into it! Thank you Mark!