Best of luck...
I guess it all depends on why you are upgrading. If you are considering selling your home, the value should be considered carefully and weighed against cost. Kitchens are the number one room that sell
homes and should be updated first but in this market it would be hard to recoup the cost. Many of my past sellers have put money in areas that really don't help the value and wonder why they get lower offers than they'd like. My husbands a general contractor and we have many referral contractors we like. Please let me know if you'd like me to refer someone who does kitchens and baths. He does not do interior remodels, only exterior hardscape, concrete, bbq's etc. so we do not benefit in any way giving you these contacts.
I hope this helps! Good luck with your project.
ERA Dream Team
Take a look at the Cost vs Value report for 2007 http://www.costvsvalue.com/index.html to get an idea of which remodeling project has the highest payback. This is merely a guide.....
Kitchen is a top priority in most situations....this will also be the most challenging because you'll have the most items to change/choose: cabinets, counter tops, fixtures, appliances, etc.
Have fun with your projects!
If there is no damage occurring then do the Kitche first. It is the heart of the home. It is where laughter and food and togetherness occurs. It is the location in a home that people first go when they get home. Kitchens will almost always increase the value at least as much as you have spent, unless you don't consider the house, the character and the price range of the home. Be reasonable in choosing and set a budget and keep it.
This really depends on how much money you have to spend, who is doing the work (You) or a contractor, and what you home is currently appraised at? Why would you spend $70,000.00 on upgrades if you could only recover $10,000, if you sell? Let me know if you need further advise on upgrades as I just went through this process.
I would then turn my attention towards the bathrooms and save the floor for last. A new floor can get quite a bit of wear and tear on it while you are upgrading the other rooms, so I would definitely do that last.