You don't need a playhouse that costs thousands of dollars to create a cute outdoor space. A small shed will work perfectly and adapt well over the years. If you already have a shed, you're all set. Clean it out, throw a rug in there, but don't worry about dressing it up too much. A couple of IKEA chairs and a table, a few storage units and books and you're all set.
You can find more outdoor inspiration in House to Home's photo gallery.
(Image: House to Home)