Your house is your ivory tower and a vaulting spot; you need to be able to unwind, relax and move freely in an unhampered and friendly space. Just think how many times you found yourself in a place that was small and cute, smartly decorated so as to avail the best of it, and you imagined feeling equally comfortably and warm at your house, where everything has a meaning and a positive impact. Everything is a result of smartly decorating small living spaces.
Small sofas are an effective way to incorporate contemporary furniture into a small living room area. The best small sofas are made from high quality oak, and can be fit into the tightest of spots. This flexibility will go a long ways towards helping you to follow your chosen style, while at the same time keeping the space very clean and linear.
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If you entertain guests a lot, then I would advise you to go for sleeper sofas. They are good for small spaces but the biggest advantage of sleeper sofas is their ability to be turned into beds. If you have visitors and your space is too small for added beds, these not only save space but also money, since you will have paid for a bed and a sofa in one (2 in1).
If you stick with an explicit design approach, then you can plan from the beginning on how to maximize the living rooms space. A sleek contemporary look can be best because this de-emphasizes clutter and is likely to emphasize space. Choosing a design style you really enjoy, however, is a good idea as this is going to be where you spend the majority of your time.
Second, set the focus only to one interior item. Make one of your favorite furniture as the spot centre. It can be the antique table, or the vase, or a sculpture in the foyer. In a small room, too many accents will make the room feel narrow and will make many distraction.