The approximate costs and value of a typical Living Room Remodeling project are summarized below. Use higher estimates for larger metropolitan areas and the lower estimates where home prices are below the national average. Adjust costs for substitutions or refinements in the last section. For size differences of up to 25%, scale total costs in direct proportion to the size of your project. Use the adjusted costs as a basis for setting a material budget and for comparing contractor bids (if you choose to have a professional perform the work).
Before you even start decorating your living room, remember where you are. If you live in a casual beach house, your design scheme is going to look very different from an urban industrial loft space, for instance. In this beach house by Arent & Pyke, the design team focused on channeling the tropical vibe of a coastal home through fun motifs and casual materials. Yet, they still maintained a look of sophistication through fresh upholstery, beautiful artwork, and a thoughtful layout. That being said, if you're a sucker for kitsch and wish you were always on island-time, add a hint of it with one statement piece, like a vintage Hawaiian-print rattan chair.
In the living room of Vivia Horn’s Japanese-style retreat in Hunter, New York, the leather-and-plastic Italian sofas, cocktail table, and wool shag rug were purchased in the 1980s at Bloomingdale’s. The Japanese-style fire pit and tin range hood are custom, the floor lamp is from the '70s, the sisal carpet is by Stark, the ceiling beams are Douglas fir, and a series of color lithographs from Japan are displayed along the pine wainscoting.
Keep a list – Creating a list of the things that you need for your living room remodel project  allows you to keep track of the expenses that you might incur as you go along with the renovation. Prioritize important items first, then put a contingency for extra items like accessories and other decorations. Leave room for finishing touches as they can go a long way in terms of visual appeal.
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