I wouldn't bother to paint. I'd remove all the furniture in the four corners (keep the artwork, remove the furniture). This will help make the room look more spacious and the eye won't get stuck in the corners. I would remove the window treatments entirely as well. Consider removing the hutch and placing in storage. Remove one chair. Declutter the coffee table -- maybe just a stack of books with a bowl of fruit (something live) on top.

When it comes to staging, less is more.

Knowledgeable buyers will respect the size of this room and how light if feels, but painting it the same color as your hallway may help with flow - for a day's work it may be worth having it feel more modern also. I would remove the furniture in the corners near the dining room and place the two prints on one side, one above the othe and use the art on the stand on the other side. Place single chair in the corner by the front window to balance with the other corner's piece and move the the matching chairs facing each other or facing the couch (play around with location/angle). Adding bright modern pillows to compliment your lovely art would be a good idea. If repainting and there is a hem on your curtains, suggest raising the rod up closer to the ceiling. To tell you the truth, the room as is would not influence me not buying your home by any means.

Definitely paint it a lighter color, remove 1/2 the furniture and rearrange the rest. The room looks dark and closed off. I think exchanging the sofa and hutch, pulling the sofa off the wall. The chairs should be placed near the windows. Remove the curtains to get the full benefit from outdoor light.

I honestly don't think it's worth the effort of. painting. As others said, remove furniture from the walls and edit- remove all clutter. (there isn't much clutter so kudos to you after 15 years.) I would consider a smaller area rug if possible to show off your wood floors. You will want people to notice them in your listing photos. Good luck with the sale of your home!

one more idea - get some new bright throw pillows to add some punches of color.

Thank you everybody. I always get such great ideas from Houzzers. Terry Toon, i will keep you in mind for the painting over the sofa if we don't take it with us. It is an original Obican, i am glad you like it. The color in my hallway is SW Lambskin - i see a lot of pink in it which i am not wild about.
Our family room and kitchen are BM cream in my coffee which i like better, but not sure how it will look next to the foyer... I should just paint the foyer AND the living room cream in my coffee. ?

Probably, if you see pink in the foyer's color.

I think your room looks great for showing. Keep it clean and uncluttered and you're good to go. I wouldn't even paint! The home buyer will see the bones of the room, and may want to paint in their own color preference. My son sold his house with bold green, putty gold and Chinese red walls before the sign even went up! The house was de cluttered and clean and staged well. I think your house looks calm and inviting. Good luck!

Since you are not putting your house on the market until January, 2017, you have plenty of time to paint. Yes, your instincts are correct, paint the foyer and this room, cream.

Your room, as is, will not deter any buyers. It looks spacious, bright, and clean. What more could a buyer want?

The suggestion to remove the area rug is a good one. I'd forgotten that our stager had us remove nearly all the area rugs -- to show off the wood floors.

As for paint... now that I think of it some more... yes, I'd repaint if your paint needs refreshing. Can't tell from the photos if it's looking tired and scuffed. I would just be careful not to slap on any old white (builder's grade) paint, as that can make the place look like a rental, not a home that's been lovingly cared for.

I'm thinking of our competition when we sold this fall: the other duplex condo that was listed at the same time. They paid to have the whole place repainted. It definitely needed it. But they went cheap and the white they used made the whole place look like a rental. It was not the right white.

Meanwhile we did not repaint and we had crazy dark colors everywhere. We retouched the paint where needed. I thought it would be a hindrance but on the contrary, we sold faster and for a much higher price per sf than the bland rental white unit.