Alas, the project proved to be cost-prohibitive, so Joel had another brilliant idea - paint it! I'm a bad, bad blogger because I forgot to take "before" pictures in the midst of my excitement, so here is a picture from the MLS listing before we bought our home:
Observe the boring white box ceiling.
Luckily there was a gap above the ceiling fan, so rather than having to remove it I just taped around the base of the fan and around the edge of the "box."
And the after:
I'll admit, it's not exactly a gasp-producing massive makeover. It's a pretty subtle change, but in person it really makes the room feel much taller because the color guides your eye up a bit. It also makes our ceiling fan look richer!
We love it! What do you think?