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The band saw is one of the most versatile tools in the shop. As others noted, stay away from the cheap stuff. You see dozens of them for sale on CL because people figured out early they needed bigger and better. You can likely pick up a nice, used 14" band saw for under $500 if you are patient and peruse CL or FB marketplace regularly.
I agree that the bandsaw is one of the most versatile tools in the shop, but I'm not fully in agreement that it should be the starting tool. It really depends on the projects being planned. While the bandsaw will let you make both straight and curved cuts, it's not really well suited for long straight cuts. The table is very small and offers minimum support for large pieces. Outboard supports can help with large pieces, but it's still not the same as a good table saw or track saw for long cuts.