So we have had quite a few changes in the past week with my H's job, and we are looking to possibly move closer to his work. This means we will need to get our house ready to put on the market.
We bought our home as a foreclosure 7 years ago. The pipes had burst in it so it was a gut and remodel. It's an old late 1800's Victorian style home, and the only room that hasn't been completely redone is the kitchen. We bought the home for $49k, and it now appraises at $110k. The appraiser said that if we just painted the cabinets, replaced the countertops with laminate, and put up trim in the kitchen, we could look to get another $5-10k added to the appraised value.
Now this is where we stand. Our town is small (800 people), and you have to have the perfect person looking for a home here in order to move a house at that price range. We would likely list our house at $100-110k and know we may sit on it for 6 months. If it hasn't sold before then, we will drop the price. We can take $80k and still break even with what we paid and what we have put into it as far as remodeling.
To re-do the kitchen, we can probably skate in at around $5,000. However, this means doing the work ourselves and waiting at least 3-4 months before putting it on the market (H and FIL would do the work and H works a ton of hours). We would just paint the kitchen cabinets white, install a neutral laminate counter top (we can do stock pieces with the measurements we need), and put up trim to match the rest of the house.
Would you do it, or would you keep it how it is and just know you will have to ask less? We would probably break even with how much it will cost to do the kitchen and how much more we would get from the sale of our home. But it would also make our house show better to a potential buyer.
Attached is a picture of what it currently looks like.
All of the homes in our area are very old. So the rest of the house is considered very updated for the area. If that helps.
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)
Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com

Re: To update kitchen, or not to update kitchen?
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)

Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)

Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com
That's a tough one. It's a shame improving the kitchen some wouldn't increase the value more than that. Normally, I'd say don't spend the time...but especially if your market would be limited...it sounds like it would be worth it just for the show factor. You know what they say, "Kitchens sell houses."
I am also a big fan of higher end looking hardware. It's a small cost, relatively speaking, that can add a lot of pizzazz.
We had one do a walk through of our home in June. Things we thought we should do he disagreed with (his reasoning made perfect sense, we just weren't looking at things that way). Our agent also broke down the numbers of estimated sale price (he brought a stack of comps), costs, and bottom line number of approx what we would walk away with.
We used a Rustolium cabinet transformation kit in our bathroom and it made a huge difference for minimal time/energy and pretty cheap! I can't find any pictures on my phone but we went from builders grade oak to the chocolate stain and love it!
Here's a screen shot from Pinterest. Very similar to ours. We added new pulls to ours as well.
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)

Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)

Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)

Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com
I don't think I'd paint the cabinets either. We did in our house and I like the way it looks SO MUCH better but it was a lot of work and in hindsight we probably should have just stained them. We'll be in the house for a few more years so it made us happy. But if I wouldn't do it if I only had a couple months left there. (I wish I could post a picture of our before and after DIY kitchen remodel, but I can't send it from my phone to my computer because I have no service at work)
I think a lighter paint color or backsplash and also adding some sort of shelf above the stove to tie it all together would be a good idea. Especially if your H can build it and you have the supplies.
I wouldn't put a ton of money into the kitchen if you might only break even on it because who knows if the people who buy will even like what you do, and they might change it anyway. If you end up getting a new counter I would suggest going with a neutral tone that would fit different peoples' tastes.
I feel ya! Ours were hunter green... we ended up getting a counter paint that made them black (it was supposed to be speckled but didn't quite work right) I would take that over the hunter green any day. We got granite last year after our tax return came back and I love it!
Oh! Oh! Oh! We put something almost exactly like that as the backsplash in the rental unit of my house. It's not quite done in this picture, but this will give you an idea of what that looks like.
We LOVE the way it looks! My H installed it himself. When I have showings, half the prospective tenants positively comment on it. It's very pretty and eye catching (if I do say so myself, lol).
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)

Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com
I wouldn't put the effort/money into redoing the cabinets either. I think they kind of have a rustic, mission-style look, and you could embrace that with new paint, hardware, etc. I find it amazing what even having new cabinet hardware can do to the look of a kitchen.
Some paint, new hardware, etc. and keeping it under $1000 is what I would want to do.
Also, I totally understand the dilemma of free-standing appliances. Our fridge and oven both hang out by themselves like that and it drives me crazy!
I would paint the cabinets and do other small updates to make it lighter, brighter, and look a little bigger. Paint isn't an ideal cabinet choice for most, but may make the kitchen more "livable" until the buyer can do the updates they want to do with the kitchen. Kitchen tastes are so specific that I'd be careful sinking a lot of money into something you can't get a good return on.