Ranch-style homes are great starter homes, owing to their cost-effective construction. Ranch home plans, or ramblers as they are sometimes called, are usually one story, though they may have a finished basement, and they are wider then they are deep. Simple floor plans are usually divided into a living wing and a sleeping wing. Exterior ornamentation is limited. Raised ranches, also known as split-foyer and split-level home plans, are variations of ranch style design.