I see dated kitchens, like the one pictured above, all the time. I spend a lot of time telling potential buyers "well..it's not exactly what you want but it does have potential. Kitchen renovations can cost $5,000 or $50,000. It depends on what you want and how you do it."
I was reading one of my favorite blogs Nothing but Bonfires and came upon a great example of "Before and After."
I am constantly amazed what a little elbow grease and a lot of white paint can do for a bad kitchen. Check out their amazing results.