Recently bought a house built in the mid 1950s with a living room addition (pictured). The walls have that old wood paneling which makes the entire room look dated. I'm debating whether or not to just tear down the paneling and put up drywall or repainting the wood paneling. All the furniture in the picture is now gone since it belonged to the previous homeowner. If I were to refinish/repaint it, does anyone have some ideas that I could run with?