Here's a few more ideas and thoughts. Since you have a deck on the other side of the house (in 3rd photo) and generous land around you, I'm guessing this is not your main entertainment area. I agree with Yardvaark about the plantings. IN the quick sketch attached, I just cut away some of the excessive concrete and extended the bed, but (hopefully) left room to back the car into (or for the table in chairs if they need to remain). Also added a columnar evergreen on the corner to soften it. For the deck, I change the railings to metals railings for a lighter look for the deck, added screening below the deck, and added a color to the front door. The planters are larger and more of them to fill the corner. For the bare wall, there is a lot of art that is made for the outdoors these days. Pick something you love to use as a focal point. You can also add vertical house numbers, like comelyhomely suggested next to the door. Good luck with your project!

There really is nothing farmhouse about your home's style. The roof is Spanish. From the front, the board and batten and casement windows are contemporary. From the side, the house looks like it was a Garrison Colonial with the overhang filled in at one point. The solid wall makes it feel more contemporary. The extra trim around the windows look like they were added on at some point. This is a good example of an authentic, typical farmhouse. If you were to remove the front porch, it would be a typical Colonial with an addition on the back. This shows the overhang of a Garrison Colonial. Here, the entrance is in the middle rather than on the side. If you're curious as to what your house was look like when it was originally built, perhaps you can get a copy of the plans from the office that issues building permits in your county. You would more than likely be able to find elevation drawings that shows how the house was meant to look.

In reality you don't have to do anything. But, I'm staring at it thinking I would replace top right window with a decorative hex window to get away from trying to be so matchy matchy, and do the decorative siding on the top gable like you mention to set it apart, but I'd consider tearing out the deck, add nice stairway to door and let the patio space be at ground level, so perhaps can consider adding a pergola on the right or have a roof top added for front door area to set it off. Good luck, great opportunity!

@sadkd I know. It always amazes me when I see a yard exposed to a street or of a certain age and there is no landscaping at all. Hang in there. It will happen. At least you're dealing with a blank slate that you don't have to clear out. When I bought my house 20 years ago, that backyard was basically a pine forest with an ivy carpet surrounded by a four foot chain link fence. Six weeks after moving in, there was an ice storm that took out 14 of the pine trees and as they fell, the fence. One of the enormous pine trees hit my roof, breaking the ridge and smashing about 7 rafters. Branches came through the lovely popcorn ceiling inside. While others in the neighborhood were lamenting the storm I was dancing at the thought of fewer trees, new fence, smooth replacement ceilings and a new roof replacing the ugly one that the former owners had put on the prior year to make the house more saleable. Long story to say, at least you don't have to have an ice storm to clear your yard. I paid a landscape architect to draw up a plan for the yard, including the addition of the dry creek to control a water problem. Little by little I did something big every year and now it's lush and mature. Those vines are two $9.99 one gallon plants from Lowes planted about 18 years ago. A good plan (which will change but at least you have something to work toward), patience (smaller plants are cheaper and they grow for free), some elbow grease and as much knowledge as you can gain will get you where you want to go without a big budget. Some of the big stuff you'll have to pay for, like the dry creek, but a lot of it you can do yourself once you've educated yourself on proper planting techniques. See if there is an area garden group on NextDoor (that's where you'd ask) or FaceBook. People love to share ideas, advice and plants. As @Seattle suggests, drought tolerant ground covers and plants are what you need. You can likely find people in your area who are happy to divide what they have (assuming you do the digging, I got beautiful, unique day lilies that way) but sometimes they'll just share. If you want privacy from the road, you can grow drought tolerant shrubbery inside the fence and over time, it will poke its branches out of the fence and you won't see the fence. My neighbor did that and it worked great. All the best to you on this adventure.