Update the window treatments so that the atmosphere of the living room would get lifted. You could select from the varieties of curtains or drapes which could obviously compliment the color of the paint that you have for your walls. The use of the rich looking cloth of the curtains or drapes would add up some luxurious touch to the living room.
Don't let the living room ideas stop there... you now need to think about the furniture. You don't have to go out and buy new furniture; you can make use of what you have. This is your time to be creative. Start moving things around or think about painting walls.
Having said that if you do have the money to purchase some new furniture then that is a lot more fun. It is important to set a budget though prior to looking as you know what it is like when you are out shopping and you get carried away with what you see.
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