I have found that our students, like their non visually impaired peers, have trouble creating a story from original thought. I bought the pictured book from Oriental Trading, but it has been discontinued. However, Lakeshore Learning has it.
I like it as the student can flip through the book to find the character, setting, event, and conclusion ideas. They can then create a story around that.
Writing stories is a great way to verify a student's understanding of grammar, spelling, sentence/paragraph structure... not to mention working on editing skills. I like to share the stories with their teachers so that they can also know what skills might need more work and where the strengths are...
To adapt it, I simply added the braille to each of the pages. For a low vision student, I would enlarge each of the pages and attempt to recreate the book the same way this one is set up.