Some more tips:
-Don't put too much money into the place until you're certain you're going to stay there a long time.
-Hardwood floors can only be re-finished once or twice (I heard, don't know for sure).
-You may want to slap your stereo in before you commit to the hardwood floors. You're going to a smaller room AND to hardwood floors? My vote would be for some super soft, deep carpet.
-Hardwood floors are high maintenance if you're a picky sort.