Full or Partial Renovation – Another key factor in determining a living room remodel cost is the nature of the project, whether it may be a full or partial renovation. In terms of scope of work, this is often referred to as a minor renovation or a major renovation. Minor renovation projects undergo partial improvement while a major renovation typically include a more labor intensive process.
In general, wall treatments for living room renovation projects can run from $500 to $2500 per project, depending on the material, the type of finish and the amount of prep work needed to complete the project. Other factors which greatly affect the cost of wall treatments for living room renovations are the size of the room and the height of the wall, since they determine the full area of material coverage.
When space is lacking, the only option is to get creative and make things multi-purpose. For example, if you don't have room for a separate living room, family room, and home office, combine each concept into one space. This living room and office by Leanne Ford Interiors proves that the right layout and pieces can look great, no matter what shape or size the room.
• Moldings and trim – Changing the decorative trims and moldings is one of the most popular ways to upgrade the looks of  a living room. A piece of moulding with decorative details can easily transform a drab living room into a more elegant space. Decorative trims range from ceiling cornices, baseboards and window trims. They vary in material, thickness and design, with details ranging from formal to casual. Some decorative trims are also available as stock options and are already sold in painted finishes, providing a more economical substitute to custom made trims. Custom milled trims, on the other hand,  are made from high quality wood and are more expensive
Front and back doors open directly into a two-story-high living room, where spruce-planked walls and wood beams salvaged from an 1890 Tennessee barn reflect the home’s rural setting and give the space a refined, barnlike feel. Interior decorator Phoebe Howard balanced the rustic elements with color. “I added an air of elegance with a soft color palette that reflects the surrounding sky and hills,” she says.

Dark, glossy walls create a sophisticated backdrop for simple, clean-lined pieces and even colorful, bold items. Use the small space to your advantage and make it feel like a jewel-box. Painting your ceilings the same color can enhance the sense of intimacy even further. Then have fun with brighter furniture throughout, as done in this small living room designed by Andrew Felsher.
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