Part of my shower frame in the master bath had rusted and I filled it with caulk last year as a temporary fix. I noticed it had failed last month so it was time to deal with it properly. This is an early 1990's bathroom with the brass fixtures and ugly linoleum that had yellowed badly. We really wanted to do a major renovation but couldn't justify the cost with 2 college tuitions on the horizon.
Here is what I did on a budget
New Frameless shower - custom cut, had to hire someone $1300
Got the shower pan resurfaced/painted -$200
Replaced portion of subfloor - used scrap plywood and luann
remove and re-grouted the shower tile -$10
Spray paint light fixture silver - $6
Vinyl flooring -$80
Quarter round -$20
New Faucets -$150
Replaced Toilet -$200
Painted the walls and vanity -$40
Removing grout is a dusty affair. I got a bit for the dremel and jumped right in without much thought except a mask and safety glasses. After about 15 minutes I had covered everything with thick film of dust. I grabbed the shop vac and had the hose in one hand the dremel in the other to control the dust but the damage was already done.
I was skeptical of the press and stick vinyl tiles but figured if I hated it I didn't have much invested. When you grout the tiles they actually look really nice. Obviously not as nice as tile but you can't beat the price.
When I eventually do a full remodel I will be able to use the shower frame, toilet and faucets which makes me happy. In the meantime for a budget remodel it looks really good and the wife is happy.