Some more info would be helpful. What is your style? It is hard to advise without some more detail.

The space will definitely look better when you change the floors! Congrats on your new home! It looks like you have a great open space to work with!

Laminate always feels like laminate and it clatters. I'd look into real wood or LVT instead. Also you may have to consider the stairs which are carpeted now...they may not be finished or "finishable" to go with the wood. I'd investigate that before making a final decision.

Hi all, thanks so much for your input; I wouldn't call myself creative-minded and it's hard for me to picture the space empty/ redone!! I was thinking a soft oak laminate as pictured below. I would consider real wood-- need to see if quotes come within budget. The tiling by the door and fire place will not be staying. :) I really like farmhouse style, rustic, etc. I like decor in lighter colors as opposed to cherry wood or darker accents of that sort. Ideally all accents will brighten the place :)

what a lovely home! I happen to be in the like laminate camp. we have it in the family room and sun room and are now putting it in the bedrooms. of course if I had the money and the house was worth it I would put in wood, but I don't, so laminate it is, and it makes me happy to have gross carpet out. :)

Here is the neighboring home with the exact same layout but remodeled. Looks beautiful but the style I'm going for is a bit different. Just fun to put in perspective!

Wood look Vinyl planks are not your mother's laminate and I am SHOCKED how many people think mine are wood. I see all these newer homes posted here and I think GOSH what an awkward room. What are architects thinking when they design some of these. It looks like someone just had to have a fire place so the stuck one in where it makes no sense. You have quite a challenge configuring that living room. Good luck!!