092109mysertcouch01.jpgA sofa's a key piece in a living room, the item you're gonna plunk down the most money but, for those of us on a budget, "most money" is a relative term. We know that we like to keep it under $1500 and it's with that budget in mind that we've rounded up a selection of our favorites. These are classic, basic sofas, available from well-known sources, that can fit into a variety of decorating styles...

092109-sofa16.jpgCrate and Barrel's one of our favorite sources for well-priced sofas; they even have a category on their website for sofas under $999. We like that many of their sofas are eco-friendly with frames made from sustainable, kiln-dried hardwood and and cushions from soy-based polyfoam. Currently, they're in the midst of their annual upholstery sale:

092109-sofa01.jpgThe Camden Sofa, with its references to mid-century design, is well-priced at $899.

092109-sofa02.jpgThe Troy Sofa is a classic loose cushion sofa. It also comes in a sleeper version. $999.

092109-sofa03.jpgThe Petrie Apartment Sofa. At $1459, this sofa just squeaks into our budget but we'd consider the splurge because it's one of our favorite offerings from Crate and Barrel with its tufted buttoned homage to the 60s.

CB2, Crate and Barrel's younger, hipper sibling is all about well-priced contemporary furniture:

092109-sofa04.jpgThe Avec Sofa: has that certain je ne sais quoi, with its nod to France in 50s. We love the standard red; it would be anything but standard as the centerpiece of a living room. $1,199.

092109-sofa05.jpgThe Flex Sofa: Looking for a modern sofa that easily converts to a sleeper? Then this is your sofa. $999

092109-sofa06.jpgThe Slipcovered Movie Sofa: This sofa's versatility means that it could just as easily work with beachy, antique pieces as it can with more streamlined, modern accessories. $1199

We were surprised to find that Pottery Barn had so few choices in this category and that the few that they did have skewed in the higher end.

092109-sofa07.jpgThe Comfort Sofa: Looking for something shabby chic? Then this is your sofa. We'd choose the white twill and throw the slipcovers in the washing machine bimonthly to keep it looking brand spanking new. There's also a square-armed version. $999

092109-sofa08.jpgThe Buchanan Sofa: This is another classic choice. It's also available in a three cushion version. $999

Almost all of West Elm's offerings are within our price range and there are a few styles that are unique.

092109-sofa09.jpgWalton Sofa: If you like a lot of loose cushions, you'll love this sofa. As with most of West Elm's furniture, you'll need to get out your toolbox; there's some assembly required. $1,299

092109-sofa10.jpgThe Armless Leather Sofa: One of the few leather offerings in this price range, it's a sleek, modern look. $1,199

092109-sofa15.jpgThe Blake Sofa: If you like a sofa with an exposed frame, check out this model. Down blend cushions ensure that it'll be cozy and plush. $1199

092109-sofa11.jpgTillary Sofa: Easily bored? Like something that can suit your many moods? You can move around the back supports on this sofa to suit your many moods. Push two together to create a secional. $799

Ikea's your destination if you're strapped for cash. Use the money you've saved to reupholster it yourself and your guests will never know your sofa's origins. It's also a great bet for a sectional, a versatile piece for a small space that allows you to configure your seating to suit a variety of situations. Here are three sectional options we particularly like:

092109-sofa12.jpgKramfors: The wide low arms and the flat top of the cushioned back means that your friends will have a place to perch or set down a drink during a party. $1,249 for the this configuration.

092109-sofa13.jpgTylosand: We like the sleek metal legs and the washable covers. $947 in this configuration.

092109-sofa14.jpgHamra: Looking for a leather sectional? This is a sleek, classic option. $1,399 in this combination.

We know that this list is far from complete. If you have a favorite, please let us know in the comments! And, if anyone's had any experience with any of the sofas on this list, we'd love your feedback.

(Top image: Flickr member apes_abroad licensed for use under Creative Commons)