Modest does not have to mean cheap or small, nor does luxury necessarily entail expensive or excessive. Somewhere in the middle sit apartment and condo spaces like this one – large, clean and modern yet still simple, elemental and affordable.

This Paris loft space by Chart.Corb utilizes the existing industrial elevator and metal stairs to transition from the aged industrial warehouse surroundings into a cozy contemporary living area.

Once inside, inexpensive plywood panels and hardwood floors serve as variegated accents against a plain backdrop of white-painted walls and ceilings. Likewise white-and-wood themed furniture decorates the place and ties these core materials together without seeming over-the-top (or costing a small fortune).