Versatility and flexibility are the cornerstones of a small space interior design, as the room available is by default small; thus you need to be able to work and function freely having everything in well appointed and practical positions. Thinking big in a small place can end up in disaster and when referring to your place you definitely deserve something better than that.
Keep control of storage. If you accept that your living room will attract clutter then plan for it. Oak or pine cupboards and sideboards will give you the space to tidy up after the children have finished playing and allow the adults a tidier area to relax in when evening comes.
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Reds: The color Red is a classic shade because they are so bold, vivacious and daring. Reds work especially well with light colored furniture, making it stand out even more. Still, people like to use red as an accent color with just a hint of that shade, more than a main wall color. But nowadays, a few people dare t o paint their walls red too.
Basically, the idea is to furnish a small space with small furniture designs. This means having to choose among suitably small sofa set designs and small desks and tables. You might have to choose one of those corner lounge sofas so you could utilize corners very well instead of leaving them to the mercy of non-functional furniture.
Furniture. Before selecting the furniture make sure what style you want. It can be Traditional, Contemporary, Victorian, European and mix of two. There is no hard and fast rule of sticking to one style as you can use your own creativity to create the style of your own. Also decide the color scheme in advance as your whole efforts will go waste at the end if there is a big mismatch. Once you have decided that shop for the furniture.