If you are considerint a bathroom remodel, the first thing you need to do is create a budget guideline and a make a list of everything you want. Decide how extensive you would like to go on your transformation as well as figuring out what you’re going to keep, what will be replaced, and what will be completely re-done. Let’s dive in on what you can do to transform your bathroom for under $5,000.

Floors and walls

Let’s start with walls and floors. To get that wow factor at a great price, wallpaper is your friend as it’s a quick and easy solution to initiate an amazing transformation. With designs and patterns starting at only 41 cents per square foot, it’s an affordable way to get started. If you plan on upgrading your floors, a little tip is to rip up your current flooring whether it be vinyl or laminate and see if you can find the original floorboards hiding away down there. With some sanding and a coat of varnish, those floors will look like new. Of course, if hardwood isn’t your style, you can take a modern approach with new tiling. According to improvenet.com, “Putting in new floors can cost anywhere from $2 to $7 per square foot for these materials, including installation costs. In the middle of the price range are porcelain and ceramic tiles.”

Shower remodeling

For most medium-sized showers, the price is typically around $2,000. Improvenet.com provides a breakdown of shower-tile costs:

Tile installation materials include:

• Cement Backer Board: $10 per sheet
• Redgard Waterproofing & Crack Prevention Membrane: $50
• Adhesive: $50
• Trim & Bullnose Cap & Edge Tiles: $150 to $200
• Thinset & Grout: $50 

Keep in mind that this breakdown does not include the cost of labor or specific tile you plan to style your bathroom with, or what cost may be associated with the removal of your old tile.

Fixtures

Why not spring for a new bath? For some of us, there is nothing better than coming home from a long day and soaking in the tub, so finding the perfect fit is important. Lowes has a wide selection of tubs from freestanding to jacuzzi tubs available they range from $299 to $3,000 before installation costs.

A new vanity could also be a great next step in your remodel. If you currently have a vanity, refinishing it is a great way to save money and make it unique to your style. Vanity’s come in all shapes in sizes and can range from $80 for a single sink basic setup to $4,000 for a double sink glass top.

Faucets and shower heads are an easy-to-do upgrade if that’s a must-have in your project. Depending on what type of tub and vanity you decide to buy, you will have many different options to pick from regarding your faucets and shower heads. If it’s important to you to make them match, Home Depot’s website can filter the options to include only matching color family and similar brands.

Picking out a new toilet can seem tedious and boring for some. After all, they all do the same thing, right? Wrong. A basic toilet from Home Depot costs only $99, but when you get into the different (and fancier options) including wall mounted, touchless, dual function, or one piece designs, the costs start to magnify quickly. For example, you can go with a wall mounted option by Kohler for $661. This is a great way to get the modern feel with everything being completely concealed.

If you still need inspiration as to which direction to take, Better Homes & Gardens has a page dedicated to bathroom remodel ideas and examples to get you a jump on your next renovation project.

Getting ready for your bathroom transformation project? If you don’t want to empty your emergency cash stash, a LendingPoint loan may be a great option.

Even if your credit score is lower than you would like it to be, you do have personal loan options. A personal loan can even help improve your credit score. By taking out one of our personal loans. You can make affordable monthly payments and build your credit story by making on-time payments each month. As you continue to make your payments on time, you build your credibility and your credit history. Apply today