IKEA, the famous Swedish furniture designer, known to take advantage of any free space and transform it into a splendid living area, In this years catalog says " A home doesn't need to be big, just smart" . They have lovely kids rooms that don't hurt your pocket too much..
A small stage for you rock star.
This room looks so cheerful and dreamy at the same time.
A Colourful hangout and bedroom
A practical room with lovely kiddy accessories.
For more ikea ideas on kids rooms check out their online catalog.