I think if you are going to live here forever, proceed with your plan. But if you may sell down the road, I would do a total gut. I'm sorry - I do not think today's buyer likes the glamour lights or the melamine cabs....

we'll be here for the foreseeable future.

It doesn't make sense to spend the money for new countertops and everything to be installed on them without changing out those 40 year old cabinets. You can also get better function with a new design - different drawers and maybe an inch or two taller? You want your new bathroom to last. Mirrors like that can't be repaired, but it's not that expensive to get new ones. That also gives you the opportunity to use a taller back splash, whether you choose tiles or a self backsplash with the countertop material.

Hey X,

I would definitely replace your cabinet hardware. Maybe something in Satin Nickel Finish. You should check out Century Hardware! Best wishes!

Isis 160mm c.c. Pull - Satin Nickel · More Info

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Get new Hollywood lights to replace the old ones. Once the mirror backing starts coming off, the integrity is compromised.

You may be able to get new Corian countertops with integral sinks. Or use new undermount sinks. Plain quartz would look better than granite.

You can have the floor tile cleaned professionally if it wasn't done before the sale. Then consider painting the grout with grout paint that matches the tile color. It will look new again.