05/14/2012 02:54 pm ET Updated Oct 11, 2012

Design Ideas For Small Spaces: One Living Room, Four Ways (VIDEO)

Since it's the gathering point for pretty much everyone you could think of, it can be hard to settle on living room decor -- especially if you're living in a small space. But this video from The Nest shows that all you need are a few easy basics. They took three standard furniture pieces, then added small touches to create four different styles.

While we're no stranger to small-space decorating, we did pick up a few tips. Namely, that a scarf can sub for a throw, or that a blanket can act as an ersatz slipcover. There were also a few tips on using faux flowers...but we're still a little skeptical about whether that's a good move. (We've noticed that silk flowers tend to get very dusty, very quickly.)

To see how the The Nest designed budget-friendly serene, retro, modern and cozy living rooms, watch the full video. And, don't forget to let us know what you think.

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