Hope this is a bit of inspiration for you: on the right, the original look of my studio space. And on the left, what it looks like today. I think this room may have been one of the ugliest I’ve ever seen when I first moved in. Getting rid of that awful wallpaper, carpet, and paint made a huge difference!
The floor is inexpensive faux wood tile: I decided not to use anything expensive because I knew it would have to take a lot of abuse. I think the renovations only cost about $100.
Good luck with your own studio dreams! A little elbow grease makes a big difference!