Are any of the short walls by fridge and stove arch load bearing or contain ducting or electrical chases? I would be eliminating as many as I could to improve layout possibilities if you plan to replace cabs....that means drywall repair but worth it I think.

All those jigs and jags make the room choppy. For example, removing that little wall by the fridge means you could run cabs under the window in an L-shape and eliminate that tiny cubbyhole with window.

I am not sure what the purpose of the stove arch was/is but that would be high on my list of things to eliminate. What is in that short wall by the fire extinguisher?

What is the space between the fridge and the doorway? If a closet, that would be a candidate for removal too.

You will need to decide on how extensive you want to go and that will probably be determined by eliminating or keeping the cabs. If you eliminate them and are on a tight budget, look at Ikea cabs when there is a sale.

If you keep the cabs, I would probably forgo spending a lot of money on new countertops so big box stock laminate counters should run $150-250. Using LVT tiles on the floor, painting walls, demoing the brick arch, centering stove on the wall space, removing wood valance, ditching curtains and blinds for Roman shades, and I assume updating lighting but only because I cannot see what is there are all things that could be done within a modest budget.

Additionaly, how old is the flooring...old enough to be worried about asbestos?