My house is 3br on a slab with a big kitchen/dining area where the
dining area opens to a sunken great room. The great room has a
fireplace and is very 70's (decoration ceiling beams, popcorn ceiling,
painted-over wood panelling, etc). The carpet is bad. The great room
is sunken 10 inches. We are considering raising the sunken floor to
be level with the dining room and installing a hardwood floor. There
are no windows and only an old patio door which could be easily raised
when it is replaced due to its location.

Has anyone else done this? Is it worth it to update the look, or is
this kind of thing still marketable? I am getting mixed opinions all
around. Some people like them and others think it's a dated look and
would be a sticking point for those who would have elderly visitors.

I think the ceiling height will still be ok, especially after the
beams are removed.

Instead of raising the floor, we could just do other things to update
the look like removing the panelling and installing the hardwood floor
on the slab as it is.

Just a slow burn process on figuring out what direction to go with it.