Best procedures

I am in my early 70s. My PSA test scores were always in range, my last normal test being in the Fall of 2020. A PSA test in January of this year came back at about 27, and a follow up (after 48 hours of no bike riding, no sex) at about 17. Today, the urologist to whom I was referred did a digital rectal exam and found a nodule he said was about 1 cm in size. They also did an ultra sound which revealed my prostate to be mildly enlarged. I'm scheduled for a biopsy procedure in his office a few weeks from now. The doctor sounds well-informed and has good "bedside" manner. Is having that procedure the right way to go?