Hi Lizzie-
The rule of thumb is that the dining room chandelier should be hung 30 - 34 inches over the dining room table in a room with an 8 foot ceiling. If the room is taller than 8 feet, than raise the chandelier ad additional 3 inches for every foot of ceiling height.
In addition, the diameter should be 12" narrower than the diameter of the table (2/3 - 3/4 of the table's width) and 48" from the room's walls so people don't bump their heads on it when they get up from the table or have unflattering light cast on them.
If it's not over a table, the diameter would be the sum of the room's length plus width and the chandelier's height would be the arithmetic product of your ceiling height x 2.5 x 3.
In your case, it is an easy fix, just remove some of the links of the chain with a plier while supporting the weight of the chandelier with the light off.
The other thing you should know is that when selling your home, the buyer will expect the home to come with the already installed light fixtures. So if you are in love with that chandelier and want to take it with you when you move, take it down before you show your house! Replace it with another, less expensive one that you wouldn't mind parting with.
And speaking of lights and things, I am wondering about your buffet table in the dining area, the one with the mirror over it. It look a little shorter than the average sideboard/buffet, although it does fit perfectly in that space. I am wondering if it really needs the buffet lamps and the three blue and white jars on it, it seems crowded to me. The buffet is close to the dining area chandelier which is close to the side table lamp in the living room, so you don't really need the buffet table lamps for illumination. (The buffet should be 3 feet from the chair so no one hits the buffet.) Why not remove the lamps and see what you think?
Okay, here's some tough love-If you will be moving and downsizing, please do yourself a favor and don't buy any more furniture or accessories right now. You don't know where or how you will be living yet, and the dimensions and configurations of your new place. Furthermore, when you sell, your current place has to appeal to every buyer's taste, not yours and the other readers on this thread.
lizbeth gardener said it very well above.
That being said, for when you move, here are some suggestions for your new place. I am not good at assessing measurements in photographs, so I can't tell the relative proportions of your coffee table to your sofa. It should be 2/3 the length of your sofa. If yours is, that's great. Blue is my favorite color too! But I do think you need to add in an accent color or it gets monotonous.
Take your cue from nature, look at birds that are blue and see what other colors are in them, or the great artists you referenced above like the impressionists, Monet, for example. Yellow or green are great choices. It is expensive to have fresh flowers all the time, but a bowl of lemons (and if you can find them with stems attached all the better!)in a clear wide glass bowl or plain blue glass bowl on your table or sideboard would look great. A wonderful thing would be to stud a couple with cloves, I just love that smell! I would add throw pillows with interesting texture that incorporate the accent colors you want to use, maybe yellow or green or even a bit of lavender or purple. Think of Monet's Water Lilies, or whatever painting you love. You might look for an area rug in front of the sofa that is mostly shades of blue with touches of your accent colors. I would turn the living room chair perpendicular to the sofa, although I realize it may be positioned this way to see the television.
Please start making appointments to interview licensed realtors (several of them) and make part of the interview how they would stage your home. If they say to de-clutter and de-accessorize, do it, and ask them to be specific and promise them you won't be insulted. Take notes when they speak. If the realtor says you need to put things in your empty rooms, ask them what things specifically, then seriously think whether or not you should be buying furniture, or just paying a couple thousand to a home staging company who will do your whole house perfectly just before showing and then you will be done with it and you won't be stuck paying to move furniture cross-country that you very possibly won't even be able to use in your new place and you won't be able to sell for even a quarter of what you paid for it.
Yes, yes, retail therapy is fun, but find another hobby right now. Get pedicures and massages until you move. Join a book club. Advise the rest of us on our decorating dilemnas, it's always easier to give advice to others! :)
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