Yes! Declutter! And LOL! Small space is actually a great thing! Get rid of almost everything you don't really need! And I would try to get seating more on the floor because baby will be there and toddlers.. we have a sheep skin and floor pillows, one futon couch and 2 ottomans (the ottomans could go). I don't even feel like we need a dining room table most days.. I perfer a large vinatge sheet (with flowers) on the floor for meal times because it is so much nicer to clean up and everyone lays on us and eats.. walks away.. comes back.. we are relaxed.
Do NOT grab everything people give you! Toys are just kind of weird and useless until 2.. they love spoons and kitchen stuff. The Montessori peeps really know their baby toys.. and ETSY!
You can have a large shelving thing (bookcase or metroshelving) with tons of baby stuff anywhere, just hang a vintage pretty sheet over this. and even your entertainment system (although just have the tv on the wall and Loooooveee it!) My son never looked under the sheets for a long time and then it turned into peek aboo. The bathroom stuff finally all went on the wall very high in the bathroom... DH made a shelf that wrapped around the room over the toilet. But any shelf up high will do. We store our stuff in baskets. Those natural looking baskets are amazing! All over the house.. on the fridge.. for the toys.. just everywhere and it finally just blends nicely. The co-sleeper, ehh. son hated it, he went inbetwen us. and then we got a futon for the floor and daughter was in between us. then I was on the floor tucking in and so forth. The bed was shoved against the wall so no roll offs.
Good Luck! A small place means you will have less looking around for baby..those things for baby in the home are useless! She needs very, very little! A little floor mattress that is very low is the best thing for naps, play, nursing and then a very thick blanket for kitchen work. A carrier.. but the seats, well maybe one chair.. but not really. I would just love that you have less to clean and more time to play! Congratulations!
Oh and check out the movie "babies" or else a book at the bookstore about families in other cultures. But seriously on the shelving with sheet... best thing ever.. and for clothing... well easy now but when they get a wee older, a shelving is best for them to understand dressing them selves with a few out fits for choice, 1 hair brush, 1 hat, 1 shoes..etc and the rest can go anywhere close by!
I live in 1100 and there are no walls and big empty spaces to play :) We have a front porch room that is closed up.. literally all of personal stuff (art, clothes, toys) is in there and some in the living room and kitchen.
How many sq ft?