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Small bathroom renovation costs don’t have to break the bank. A $5,000 budget is realistic, provided you're not adding luxurious fittings or making complex layout changes. Changing the layout is the most costly aspect of renovating a bathroom. So if you keep the layout, do some of the job DIY (within your skillset), and use relatively affordable fixtures and accessories, you should be able to stay within your budget.

To drain a broken toilet, place towels or plastic sheeting around the base in case of splashing or overflowing. Next, shut off the toilet’s water supply, usually via a valve on the wall behind the toilet. Begin flushing the handle to remove as much water as possible from the tank and the bowl. Don’t flush the toilet if it’s clogged, though. From there, use a large sponge to soak up any remaining water and wring it over a bucket. 

Completing a full standard bathroom remodel offers the best value, with an average return on investment (ROI) of 70%. However, you don't need a full remodel to make an impact. To maximize value, focus on key components like flooring, the tub and shower, vanity, and cabinets. High-value upgrades include installing a walk-in shower, resurfacing a tub, retiling, or expanding the shower. For more budget-friendly options that still increase value, consider repainting with a light, neutral color, or updating the mirror and light fixtures. It's also crucial to address any necessary repairs, such as leaks, mold, or cracked tiles, as buyers will notice these issues. Avoid flashy upgrades like bathtub jets or steam showers, which don't add as much value.

Replacing a toilet costs between $275 and $480 in most cases, and the average cost sits around $375. This includes removing the old toilet and installing the new toilet. Your price could be significantly higher if you invest in a high-quality brand, need the replacement done on an emergency basis, or replace your toilet as a part of a larger bathroom remodel that demands additional work.