I came across an interesting site yesterday called My Bedroom Studio. The site has a collection of studios that people have in their houses.
The studios range from the typical home studio — an assorted array of low-cost devices tucked away in a corner — to some really impressive setups. The first photo is what I would have expected in a home studio. The second photo was not. I would not want to mix in a room with such a sloped ceiling but nonetheless that room has an outstanding set of equipment. Easily a quarter million or more.
My studio is also in my home and it is the bottom photo. And once we move, I get to rebuild it again. For the third time.