Project description Remodel formal living room. Update flooring, doors, switchplates and decorative hardware. Add built-in speakers, wall mounting system for flat screen television, crown molding and recessed lighting. Install new window treatments. Use above average grade of materials, fabrication and installation quality. Estimated costs do not include furniture and flat screen television.
Whether you are working with a small living room or a large living room, balance makes all the difference in the world. This room proves that you don’t need outrageous shapes or colors to create a beautiful space. The untreated dark oak floorboards and the earthy color scheme come together to provide an elegant balance of light, shapes, textures and colors. Nothing in this room aggressively screams, “Look at me!” but the room also has just enough visual interest to command your attention. If a room like this does not give you several small living room design ideas, nothing will.
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.
If you frequently entertain guests at your home, choose a strategic living room layout that promotes conversation and comfort. For example, in this living room designed by Leanne Ford Interiors, the incorporates semi-circle seating that's both spacious and inviting. Sectionals are also a good option when a circular sofa isn't. And if you also love the all-white aesthetic, take note. Ford brush painted the natural IKEA rug and custom-made rope light.

Reupholstering sofas and chairs also offer a good way to make use of old furniture that does not match the new color palette of your newly renovated living room. Reupholstering chairs allows you to keep usable pieces, minimizes waste and also saves a good amount of money. Look for professionals who specialize in making old furniture look brand new and consult with at least three suppliers to have a good basis of comparison when it comes to the estimates for fabric and labor. In that way, you get to see if it will be cheaper to fix your old furniture or buy new ones.
Renovating your living room: It's exciting, but it can be a bit overwhelming, too. Where should you start? How much can you afford to spend? How do you know whether that contractor with the impressive portfolio will really show up when he's supposed to? And what if the sofa that looks so gorgeous on the showroom floor makes your own house resemble a bordello? Relax. We're here to make it simpler for you. Follow our step-by-step guide to renovation, and get ready to kick back in a new living room that suits your needs, your style and your budget.

Your own home may not have a living room that’s quite so versatile—it’s a sad truth that the smaller (or more oddly shaped) a room is, the fewer ways it can work as a space. My own L-shaped living/dining area only really works one way, due to short walls, radiators and an entire wall of windows. So think of these specific layouts as tailored to this space, but take inspiration on how you can re-think your own home in a multitude of ways.
The average costs for living room remodels run a minimum of $518 for a 300 to 400 square foot space, while for areas which have an area of 400 to 500 square foot. have an average cost of  $782. The prices increase accordingly as the size of the space vary, so naturally larger living rooms that are 500 to 600 square feet in size cost  $982, while spaces that have an area of 600 to 800 square foot have average remodeling costs that run anywhere for, $1200 to $2000.
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).
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.
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