If you have any plans to sell your older home, consider the fact that a new or updated kitchen tops most buyers' wish lists. Though you may not mind decades-old cabinetry and countertops, prospective owners might find them a real turnoff. Remodeling your kitchen could go a long way toward eventually earning you a bid that meets your asking price. By the same token, take a critical look at your bathrooms. In a space like the living room, age imparts character and charm; in kitchens and bathrooms, that is decidedly not the case.