One Living Room, Three Budgets

You've all seen it: The Basic Sofa. Upon first glance it's an uninspiring, humdrum piece of furniture. But don't let your eyes deceive you. This sofa holds a world of decor possibilities. When it comes to decorating, think of this beauty as one big blank canvas to paint as you please. And whether you are pinching pennies or money is no option, the world of decor is your oyster to get the exact look that you want. To help inspire your inner decorator, I've cooked up three looks with three drastically different budgets -- all centered around the Basic Sofa (Hovas from Ikea). If money were no option, which look would you choose?

Room 1: BUDGET FRIENDLY
This entire room will cost you less than $1000.

Dakota Chair, $239.99, World Market
Pyramid Coffee Table, $189 (on sale), JCPenney
Metal Glass-Top Side Table, $55.98, Target
Haeger Potteries Sage Green Ceramic Centrifugal Table Lamp, $139.91, Lamps Plus
Diamond Khaki/White Rug, $288 (6x9'), Dash & Albert
Linen Suzani Toss Pillow, $19.99, World Market
Rust Ruffles Pillow, $22.46, Pier 1 Imports

Room 2: MIDDLE GROUND
I surrounded the couch with textured neutrals to create a cozy living space.

Clara Chair, $799, Crate & Barrel
Sasha Coffee Table, $399, High Fashion Home
Greta Table, $245, Jayson Home & Garden
Vintage Spindle Table Lamp, $195, Shades of Light
Classic Home Braided Jute Collection Knobby Loop Rug, $460 (6x9'), Rugs USA
Starburst Pillow, $32, Humble
Knotted Indoor Throw Pillow, $39, Grandin Road

Room 3: TIME TO SPLURGE
With these luxe items, this living space is ready to be lived in.

Darra Teal Chair, $2,269, Horchow
Faulkner Table Trunk, $3,395, Jayson Home & Garden
Jonathan Nesting Tables, $1,499, High Fashion Home
Genie Lamp, $596, Tracy Glover
Vintage Oushak Rug, $2,250 (6.5x9.25'), Jayson Home & Garden
Koko Company Natura Sage Crewel Embroidery Pillow, $108, PillowsandThrows.com
Koko Company Blue Cotton Applique Pillow, $81, PillowsandThrows.com