Help us! Need advice for "formal" living room after recent reno
We have recently done a renovation to our house where we added a full addition including a family room, full bath, and laundry room. Now, in our old family room, we have created a space that seems awkward and we are having really difficult time figuring out where to place furniture and what to do.
As you can see, the fireplace is off center as is the ceiling fan and we aren't sure if we should push the furniture in or push it against the walls. We have already purchased a new smaller loveseat (http://www.homedecorators.com/P/Gordon_Tufted_Loveseat/400/ in blue!) and are fine to get rid of every other piece of furniture in here.
Here is what we want the room to function as in order of priority: sitting area for lounging, reading by fire; office (maybe built-ins and built-in desk around window?); would love to have a small piano in here too, and we want it to function as an impromptu play room with our 20-month-old.
We basically are willing to repaint, put up a feature wall with wallpaper, buy new chairs, rugs, and just completely redo this more "formal" living room. Any suggestions on what to buy, furniture layout, color scheme, etc.? Thanks in advance for any suggestions. It is making me crazy!!