This style of architecture became quite popular in the United States between the 1890's and 1940's. Interiors, because they are small, can give a cluttered but utterly functional appearance, with artistic niches and nooks, and knick-knick decor. Cottages are designed for a relaxed, simple lifestyle - places to come home to, kick off your shoes, and flop on the furniture. They are not designed to impress other people, but to make their owners feel good. Cottage living often involves gardening, and most cottage owners spend their weekends and vacations outside in their backyards, digging in the dirt and growing flowers and vegetables.
The building site also needs to be taken into consideration for school districts, noise levels, and neighbours. Different sites will also require different types of permits at different prices. Planning a new home can be challenging as it is a big investment, so the new home should meet all of your specifications. Depending on what stage of life you are at may also indicate the style of design you need to consider.
Also characteristic of the ranch style are open floor plans which permit rooms to serve multiple purposes. Ranch style houses frequently include separate family, living, and dining areas which can be converted as needed into entertaining or hobby areas, or into extra bedrooms when required. Although a single level ranch house plan with front porch or patio is the norm, there are also split level ranch houses and raised ranch houses which have more than one level of space.
It is wise to speak to your architect about potential roadblocks in the project and about any other extras that are likely to be added to your bottom line figure. You may also want to discuss anything that your architect may think is a better design choice.