I think this might be one of my new favorite dresses. I made it to wear to a dinner for my husband's company.
kind of a poor picture of me wearing it
Here are the basic steps I took to transform this one:
1. Remove sleeves and re-stitch arm openings
2. Detached the skirt at the waist and re-cut it to a straight waist - it's hard to tell from the Before pic but it had a v-shaped waist that I didn't like.
3. Re-attached the skirt to the bodice
4. Hemmed to above the knee
I also wore it with the white sash at the waist because it was just a tiny bit big through the waist.