My wife and I are thinking about splitting our great room (about 1000 square feet, rectangular) into two floors. We have 10 foot ceilings on both floors and the great room has tray ceiling that adds another four feet of height, making the great room 20 feet in height, but feels so much more with the tray ceiling. Our entrance to the house is 20 feet and has a gorgeous staircase which makes the home feel open and tall. Walking further forward leads to the great room, which makes us feel tiny and our cheap furniture just doesn't fit the size, at all.

The home is nearly 7,000 square feet, but there is actually not a lot of rooms outside of bedrooms (6 beds and 6 baths). We have a dining room, great room, and the basement has a small TV room and a small game room. Most of the square footage is tied up in bedrooms (~1000 square foot master, 500-800 square foot bedrooms). I say this because we would actually really like an extra family room to place a television (my wife absolutely refuses to have a TV in the great room--she thinks it looks tacky, as she wants it formal).

What would you do? Would you add the extra 1000 square feet at the cost of dividing our spacious great room in half? I think I would really like to have a theatre room in that location, but I'm not certain what others would think if we divided the gorgeous room in half, in the event that we wanted to sell our home.