Does it make sense to sell my house as-is right now, or should I wait until I can afford to update the kitchen?

My home is in a great neighborhood, but the kitchen and bathrooms haven't been updated since the late nineties. I don't have the cash on hand to do a major remodel right now. I'm wondering if buyers will overlook the outdated features because of the location, or if I should delay selling for a year to save up for renovations.