To start, you'll have a building that's smaller and less, well, bedazzled than the final product, and you can upgrade it by collecting 15 each of the new building ingredients we saw released alongside the Craftshops: Concrete, Spools of Twine, and Hammers.
Meet us behind the break for a full look at how to finish this upgrade.
To collect these ingredients, remember that you have quite a few options: You can purchase them for 1 Farm Cash each, or click on the "Ask for Part" button in the Cottage's menu (click on it and click "Look Inside") to send individual requests to your friends for parts. You can also claim them from wall posts your friends add to your news feed when they complete a section of the building. Also remember that your Special Delivery boxes might be able to help you out, if you have nothing else currently being constructed on your land at the time.
This building is an interesting one, as, while it has three levels, all of your collecting above will actually take you to level three, straight from level one. Where's level two, you ask? Once you collect about 30 of the 45 needed ingredients above, your Bedazzled Cottage will actually change shape, becoming the second stage. If you'd like to keep it that way, just refrain from adding any additional building parts to it - ever.
If you do go through with the full upgrade, know that the Bedazzled Cottage currently doesn't actually do anything, as it's just a decoration. Is it worth building? I personally think the building's really pretty, so I started work on one right away, but it's a completely voluntary process that you can skip altogether if you choose. Just remember that this building will likely never be available again, so keep that in mind if you're a collector.
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Will you build the Bedazzled Cottage on your land, or will you save your building parts for some future building project? Let us know in the comments.