Depending on your home layout, your modern living room can serve many different functions. If you have a family room, it is often a formal sitting area or parlor used for reading, relaxing and entertaining guests. If it’s the only living space you have, it’s also used for watching TV, playing games and spending time with family. Regardless of its purpose, any good space has a comfortable sofa or sectional, a coffee table and a focal point, such as a fireplace or entertainment center (maybe even both!)