The Ikea real leather (modern) was $1500 last year, seems maybe they changed design but they have simlar still. Spilled a cup of coffee on it, wiped right up, no trace. One year in kids playroom, still looks new.

We have one from Palliser that we love. We got it at Belfort. We went with leather match, so seating surfaces and backs are real leather and other parts are pleather.

OP, would you consider microfiber? Our kids have tried to destroy our couch but it has held up really well. From Crate and Barrel.

Loooove our Ikea Friheten:

http://www.ikea.com/us/en/catalog/products/70243038/#/20262369

Technically faux leather but feels really nice and has held up very well so far (almost 1 yr). The storage is great with kids, and the bed part is super comfortable. You can put the chaise on either side.

We need a brand new couch and with 3 kids, need something comfortable, durable and kid friendly. We live in a rowhouse so can't be too bulky. I was thinking leather as that might be best to clean? Any recommendations?