There are tons of papers available that would go with your midcentury home. Many people tire of a paper quicker than they are ready to redecorate and they can also look dated in a couple of years. Metallic papers were big im midcentury...perhaps a metallic silver paper? Are you also considering paint? You can get it in so many textures and a blue wall to match the blue in your loveseat would be lovely with some midcentury art and sculpture, or photographs on it. A mirrored wall with or without art or sculpture would also work with midcentury. These treatments are easier to adapt should you wish to change the look slightly from time to time. I would suggest replacing your stairrail with chrome or acrylic if that is in the budget...see how well the loveseat frame looks with the fabric? I hope you will post the "after" photos for us to see. Above all, enjoy the process!

As chookchook said in her recommendation about painting, put a drop cloth on the floor. Get a very safe ladder. remove the lightbulbs, and cover the outlets. Turn off the electricity to the chandelier. Then spray it with a mild cleaner (I use one I found at Target that's basically water with vinegar, until it's dripping wet. Start at the bottom and work your way up, so you don't have dirty spray dripping on the bottom of the chandelier.Work your way up and down until the dripping spray is clean. The chandelier may be gorgeous and expensive, but it seems totally out of place in the architecture of the room--more at home in a chalet than a sunny room with a window wall. I would probably try to find a way to get it removed, and sell it to someone who appreciated it better than I.

Unless buying custom manufactured wood cabinets, you are buying a series of boxes. A 100k euro kitchen installation of an Italian kitchen is one example from my portfolio. Differences are found in the hardware, the door/drawer pulls, weight of doors and exterior finishes. It is about the design, first. In our region, you can knock off 1200-2000 just be sticking with a full depth fridge--but it is design that will make it possible to install full depth and get a counter depth effect. In the Garden Oaks Fine Accommodation residential display suite I needed to prove that a high-end design can be executed for less. Again, it is design that does the trick. The owner of the kitchen above loves the pendants over the breakfast counter. I did not have the heart to reveal the price--$19 each. That owner likes/needs bling so the 14k euro chandeliers (2) in the foyer are a feature. But we get more comments on our pendants--because they are integral to the overall design. Real estate agents have pegged this kitchen at anywhere from 45-75k. It cost under 30k. DYI projects offer the opportunity to take the time that you might not otherwise allow to a designer (hence our need to come equipped with knowledge, contacts and suppliers that augment our services). I recommend drawing from images (Houzz is great for that) to start, then researching suppliers, collecting specs, and developing a document that covers all aspects of the kitchen from lifestyle needs to style to comparisons of product reviews. Whittle it down to an instruction for purchase and installation. Consider challenges such as the dreadful corner cabinet turntable and splurge on solutions that make your design truly functional. You'll appreciate the expense that delivers practical functionality. There are remarkable solutions for the corner cabinet--but my fav is to determine whether that space can become storage (cabinet or drawers) in an adjoining room. When not practical, articulated pull-out stainless shelves are functional--and cool. Undermounted sinks are great for clean-line counters. Well placed recessed lighting (design again) eliminates the need for other fixtures--and allows you free rein to purchase for focal point impact or (my preference) to fit seamlesly into the overall look. Enjoy the journey--have fun!

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!