First problem is, that the outlines of the windows and doors are sticking out because of the brown frame they are in. Make that white as the door is. That alone will help a lot! It will be much easier on the eyes. If you really love such things, then consider a few (just a few!) wooden beams on the ceiling. It looks in the pictures like your ceiling goes up a bit, so that would be a nice touch to it. The recliners may be really comfortable, but they dwarf this room. Better get a set of not too big and high sofas: one to sit two people and one to sit three people. Get a real coffee table and find another place/person for that chest-like thing, that is too low. Your windows are placed very low. It provides an easy look in and out. Do you really need to watch that way? For I would place my sofa's right there, under/before the windows and have a nice table in between them with a beautiful lamp on it. Then I'd put the TV on the place where the sofa is right now in a media console that is a bit higher than itself, so it functions as a room divider. This picture has a different style, but gives the idea. When you walk by, you should easily look over it: If you love yellow, how about just 1 or 1,5 walls (maximum 2 walls) with it? Either near the living area or the dining area as to sort of optically create two rooms out of it? Maybe go for a bit more intens yellow then, like: See how well that goes with gray? And gray goes very well together with the warm brown floors you have. Even the dining table would fit in. A nice piece in the center with the same yellow and gray (vase) in it, would combine everything nicely. And see how the neutral colored rug fits better? For the red rug is nice, but draws all eyes to it and it's not supposed to do so. The art on the wall has a fun shape, but since it consists of different pictures, it somehow competes, instead of completes. The picture above the bookcase is too big. If you really want a picture, than choose something vertical and go for a smaller frame. I myself would rather have a nice lamp on it. The kind of lamp you really like to look at. Perhaps the same kind as the one between the sofas? Get a cloth to wipe your feet nearer to the door and in the same color as the floor is, without any pattern as to not draw any attention to it. Hope this helps. Have fun!

Clear all the surfaces, windows and walls. Remove all other pieces except the desk, coffee table and seating. Sell the loveseat on Craig's List. Replace it with a pair of swivel armchairs. Buy a credenza 25% wider than the TV. Place it and the TV on the back wall where you have the mirror and pix now. Float the sofa where you now have the loveseat. Place the two swivel chairs opposite it. With the coffee table centered on the firebox, pull all the seating to within 18" or less of the table. To replace all the family photos, have a professional photo of the entire family done and hang it 5" above the desk which should be placed opposite the fireplace. Get a piece of art no wider than the firebox and hang it 5" above the mantel. If the seating/coffee table/desk are feels too cramped you may opt for a smaller coffee table. Once drapes area properly installed, there won't be room for the desk between the windows. You could opt for inside mounted fabric roman shades if you prefer and want the wall space between the windows for the desk. bit it is still tight (filling only 75% of the space makes for better balance.) Matching drapery color to your walls will visually enlarge the room. Lighting could include a new semi-flush ceiling fixture, a pair of floor lamps flanking the fireplace, and one floor lamp between the windows and a desk lamp.

Put TV on the wall by the chair railing where you have the black chair. Then arrange your furniture in front of the windows and in the corners so you can watch TV.

I think your pink is great already A big picture of the Eiffel Tower could kick things off A bit of fun and sophistication; turn the tall bookcase on its side What will the new furniture look like? Twin or other size bed? Maybe put the bed opposite the window or directly in front of it. Do you have pix of the furniture you're expecting?