Here is the "after". It only took me about a month and a half of looking at the chairs to decide what I wanted to to. So many colors and directions to go with these beauties. In the end I decided I was feeling the 'scandinavian' vibe and went white.
I found the fabric at Ikea (see? Scandinavian!) on clearance for $4.50 a yard. Here I am channeling my 'inner-Hildi' (remember Trading Spaces?) and upholstering for the first time. Never mind that it's only a small, flat cushion, I felt empowered by that staple gun.
china-hutch re-do is still probably my favorite furniture makeover, but the chair is definitely a close second. Cost-wise per chair: Chair = $5, primer = $3.50, paint = $3.50, fabric = $2.25 for a total of $14.25. I think I can handle doing the other one.