I like your plan but I don't think a pattern on the bed wall is a good idea. The carpet already has a lot of pattern so I'd keep that wall a solid, dark color, from the rug. Add some sparkle like mercury lamps for the bedside tables for interest.

Thanks for the replies! My wife suggested we talk to a local real estate agent, so i think that is a good idea... just that Im not sure how helpful they are likely to be if we arent selling yet :) As for saving for our dream house, I dont disagree, however if doing this up nicely over the next ~5 years or so while we live here nets us some extra in the eventual sale, then that of course will help us as well. Interesting thing happened today actually. I got a knock on the door and one of the older neighbours asked if he could take some lemons from the tree. I of course said yes. Anyway he was telling me he had lived in the street for 40 years. I asked him if the house had always looked like this, and he said no that ~30 years ago the old old owner did a massive renovation and pulled off the timber and put up the bricks and gutted the inside of the house. Interesting stuff!

I read an interesting comment somewhere, where a lady invited a group of her friends over to lovingly point out all the problems they saw (through fresh eyes) with her home on preparation for sale. She said she was surprised at marks and damage that she had lived with for so long she no longer noticed them. We "owner built" a home previously, and when we came to sell 7 years later, we painted the garage and did those jobs that we had put off, and it became sad to finally see her at her best, at the end, when we could have been living in a completely finished home all that time. I read about a lady who decluttered her home, had it professionally cleaned (build clean, or bond clean) and had a professional styler do her home and she realised just how nice it could be and decided not to sell. :) ta

We have been renovating an 80's home with a vaulted roof in the living/kitchen/dining area, something like your picture. We needed to make the space look bigger so we opted to hang our tv from the roof using an Adtec tv bracket in white, pretty nifty unit, all wiring, aerials etc go up the mounting pole and through the roof. The unit also swivels 360 degrees which is great for any view point in the room, including our outside area. We had a tv unit custom built by Jarramar Furniture which is like a rather large floating cupboard. The unit has 2 draws and one cupboard. All the cords etc come down the wall in the adjoining room behind the door, neatly packed into duct and back into the back of the floating cupboard. It's very neat and tidy, keeps everything off the ground and makes your space look bigger. Both Adtec and Jarramar have websites where you can check out their stuff. You just need to ensure your tv weights are ok for the Adtec unit your wish to purchase. Good luck with your design.