If you have a small home and space is tight, one of the easiest ways to make the most of your square footage is to create a room that serves more than one purpose. With the right furniture and a few creative design strategies, you can transform just about any room into a functional, aesthetically pleasing multipurpose space.

Kids’ bedrooms/play room

If you’re lacking space to have a play room in your home, your kids’ bedroom can be used for both slumber and play. Create a wonderland for their imagination by sectioning off the room using a small bookcase as a partition. The bookcase can also be used as storage for their toys, books and more. If two children are sharing a room, bunk beds are a great way to allow more space for play.

Guest room/office/den

If you don’t have frequent overnight guests and space is scarce, why not combine a guest room with an office or den? A daybed can serve as a cozy place to sit and read or watch TV or used as a traditional bed when visitors are in town. If there isn’t enough room for a separate desk, consider a built-in desk and a sleeker version of a daybed. Then, you can simply wheel the chair away when the bed needs to be pulled out.

Office/exercise room

If you work from home and getting to the gym regularly is a challenge, add exercise equipment to your office and you’ll be just a few steps away from a workout. Set aside space for bigger equipment like an elliptical machine or a treadmill, as well as a corner for a small shelf to hold yoga mats, weights and smaller equipment.

Closet office

One of the latest trends in home offices is converting an underused closet into a mini office called a “cloffice.” To set it apart from the rest of the room, paint the closet a different color or add wallpaper, then find desk accessories that pair well with your color scheme. Reinforced shelving can serve as a desktop and additional shelves can be installed to overhead spaces for storage, family photos and decorative items.

Use corners wisely

Corners are often underutilized space in homes, but can be a perfect spot for desks, shelving or TVs when space is tight. If you don’t have a separate room for an office, placing a corner-style desk in the family room can be a good alternative, since they use small spaces more efficiently than a rectangular desk. So don’t overlook those empty corners when you’re trying to carve out extra space in your home.

You don’t have to spend a lot of money to create a functional, attractive multipurpose room in your home. The secret is picking furniture that makes the most efficient use of every square foot.