20Jul2018

Ways to transform your bathroom for $5K or less

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

—

LendingPoint is a personal loan provider specializing in NearPrime consumers. Typically, NearPrime consumers are people with credit scores in the 600s. If this is you, we’d love to talk to you about how we might be able to help you meet your financial goals. We offer loans from $2,000 to $25,000, all with fixed payments and simple interest.

 

Acredited Business LendingPoint is an Atlanta-based lender and servicer, redefining who can access money at fair rates.
Trustpilot
USA PATRIOT ACT NOTICE: IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

* Applications submitted on this website may be funded by one of several lenders, including: FinWise Bank, a Utah-chartered bank, member FDIC; LendingPoint, a licensed lender in certain states. Loan approval is not guaranteed. Actual loan offers and loan amounts, terms and annual percentage rates ("APR") may vary based upon LendingPoint's proprietary scoring and underwriting system's review of your credit, financial condition, other factors, and supporting documents or information you provide. Origination or other fees from 0% to 6% may apply depending upon your state of residence. Upon final underwriting approval to fund a loan, said funds are often sent via ACH the next non-holiday business day. Loans are offered from $2,000 to $36,500, at rates ranging from 9.99% to 35.99% APR, with terms from 24 to 60 months. A $10,000 loan for a period of 48 months with an APR of 23.72% and origination fee of 6% will have a payment of $324.48 per month. (Actual terms and rate depend on credit history, income, and other factors.) The $15,575.04 total amount due under the loan terms provided as an example in this disclaimer includes the origination fee financed in addition to the loan amount. Customers may have the option to deduct the origination fee from the disbursed loan amount if desired. The total amount due is the total amount of the loan you will have paid after you have made all payments as scheduled.

1. Alimony, child support, or separate maintenance income need not to be revealed if you do not wish to have it considered as a basis for repaying this obligation.

2. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning FinWise Bank is the FDIC Consumer Response Center, 1100 Walnut Street, Box #11, Kansas City, MO 64106. The federal agency that administers compliance with this law for LendingPoint is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.

Click here to see our current list of state licenses

LendingPoint's NMLS #1424139 Visit NMLS Consumer Access

© 2021 LendingPoint LLC. All rights reserved.