We definitely need a plan with dimensions. My first thought is to put the fridge & freezer on opposite ends of that back wall with the range centered between them. You'll want a pot filler, but it shouldn't be a problem as there's already water there for the fridge. Put the microwave and warming drawer in the island, and leave the sink where it is. This way you don't need to move any walls, or mess with the floors if you don't want to. And I would definitely remove that crazy soffit over the island! :-)

Sophie, having just gutted two bathrooms and a kitchen I would have to agree. My master closet cabinets with island were significantly more than the cost the OP wants to spend on the entire project. And that was just the master closet. However, the OP should plan the space then get bids and access what are must haves versus what she wishes. I deleted the tub because I don’t take baths and I wanted a large shower. As long as she has a tub somewhere in the house it is not an issue. At that point, she will have a better idea of what her budget should be, but based upon the space I would guess closer to $50,000

Do a floor plan and make the smaller angled end of the room the dining area. As is now the table and chairs are wasting a lot of precious space. You can leave the t v where it is. With an app, have the screen become art work, or a simulated fireplace…. Put a sofa on the solid wall with floor lamps, sleek coffee table, with a colorful rug under, and two small swivel chairs to complete the vignette. Swivel chairs are valuable to your space, as they can turn toward both the sofa and the t v.

oh, ok. perfect. if there is room there, it would work. you'll have plenty of room for a rug, and a nice bench at the foot of the bed. maybe a few chairs, potted plants over by the window. The tall wall is also a perfect spot for some type of accenting this would be cute in the inset area: I'd do something like this. the blacks/whites/charcoal/leather tones, walnut, would all look nice w/the flooring. love the rug/bench too Inside the large niche, think about doing a built in piece with shelving,, or find a console to span that length. All sorts of ideas for the inset! If you did a built in dresser there, you wouldn't need another piece. tv goes on a swivel mount I'd really make a point of doing somethign special w/the inset spot. you could find a vintage credenza and use that, if there is room on the side, do some cubbies or something like this