Yes, another option is to only use one of my leather chairs and have an "everyday" arrangement and then pull up extra seating when necessary. So, this would seat 4-5. And then I'd pull up the extra rattan chair and the two ottomans to seat 8. Or does it seem unbalanced having the larger leather chair and the smaller rattan chair flanking the fireplace?

Ignore the critics that think you should have new everything for every room -- not all of us have that budget. Don't discard your furnishings. That you have exercise equipment in this room indicates it's not intended to be a formal living room. While it may well be that not all your furnishings are on the short list of items most of us want to put in our the living room for creating a good first impression -- they're certainly not out of place for a family/activity room. You might want a larger cabinet on which to set your tv in no small part because a taller cabinet will be more comfortable to watch and a larger cabinet with doors would give you media related storage space. With that in mind, if you're wanting to change this room on a budget, sometimes you can find an old hutch or bookcase suitable for use as a tv stand from an "antique and more" resale (used stuff) store, Habitat for Humanity Restore Store, Good Will or a local charity thrift store that will serve your purpose When you are out and about with a few minutes to spare, wake through these and see if something catches your eye. If you are careful not to collect junk -- if you know the measurements of your room/space before buying anything and buy only what you will actually use, then such trips will not be wasted time. Good hunting.

Cabinet trim and kitchen backsplash still need to be completed .......

Here are my thoughts…I would keep the rug if it’s long enough for the new furniture configuration (unless you really want to get rid of it)…it’s beautiful and fits with the aesthetic in your home, looks to be in good shape, goes with the recliner, and could be a great counterpoint to more updated upholstered furniture with solid or subtle patterns. I think because it’s a walk through to the dining room, the best furniture layout is a sofa with two chairs flanking the fireplace…to keep the room open. But because it’s so spacious, the scale of the sofa needs to be bigger. Think long velvet chesterfield sofa. The square table could be one of the end tables, along with another end table, and topped with similarly scaled table lamps. Your buffet lamps could go on the buffet in the dining room. Move the secretary to the other side of the opening to the dining room, but on the same wall. Then a new chair in front of it angled on the fireplace…either a swivel or a light weight frame chair with upholstered seat/back that could serve as seating for the secretary, if you use it that way, and for the conversation area; or if not, then a fully-upholstered, stationary, comfy chair. The recliner would move to the right of the fireplace. These chairs would sit closer to the fireplace, rather than in the corners, accessorized with different floor lamps and small drink tables. The rug would be moved closer to the windows so it would be under the front legs of the chairs and the sofa. Lovely home!