Hey everyobody. 

Im new to this whole game developing and could use some help.

So ive been thinking of this new game idea. So the game is called Wildstead (for now).Wildstead is a colorful open-world adventure where you build, tame, and explore in a vibrant, cartoonish world. Create your home, raise quirky creatures, team up with friends, and uncover mysteries hidden in both cozy meadows and eerie forests — playable on PC and VR. 

And as a newbie i would love some tips and tricks on how to make it a reality

That sounds like a massive project even for a team of veterans. As a total newbie working solo, you're just not equipped to make this masterpiece yet. Start with one, teeny tiny chunk of your grand idea. Like make a game where you just raise one creature (i.e. virtual pet). That should keep you occupied for a few months :P

There is no trick. Big studios spend years developing games like that, with teams of experienced artists, programmers, designers, and so on. 

I'd probably say the scope is too big, and to choose your favourite aspect to make a much smaller game upon. You have to think about what skills you have, and properly feel out what you can afford to learn in your mind's unconscious timeline. If you've made a small game, you can tell what big games you can make without having to learn everything all at once, so that's why people usually recommend to start out making smaller games. So even if this might not be your first game (I don't know), I would recommend choosing an aspect of this game, and making it. Make it really fun, put your own spin on it, add some flavour.

I would suggest dropping the VR portion of it, because VR games don't sell well, and this game seems like it would be hard to make VR compatible due to the large amounts of UI and the different set of controls. If I was making this game, I would use Unreal Engine, because of the large size of the world. So the bottom line is start learning how to make games right now.