Read Elvis' advice. Give it a shot. But be prepared to bring in a contractor. Two other considerations: Your listed as a "home buyer." If that's what you're considering, make sure you have someone who knows plumbing and other repairs look at the bathroom before you buy (or base your offer on your assumption that repairs are cheap. What may look inexpensive to you might actually be a pretty expensive undertaking.
And the flip side is: If you're planning on fixing up a bathroom to sell a property, remember that homebuyers generally pay the most attention to the kitchen and baths. So, on the one hand, you do want your bathrooms to look good and be in good repair. On the other hand, though, a poorly done repair (uneven tiles, a vanity placed too close to the door so it doesn't open properly, etc.) will detract from the value and saleability of your home. You want to make sure the final product looks professional.
I am not sure what you mean by "fix the bathroom"? If it is minor repair, i.e. faucets, flooring or minor floor damage or replace shower, toilet or tub. What is your field of experience?
If it is work you can do and have a great finished product, go for it. Remember to get permits for items required by your local city ordinances. good luck.
Let me clarify.
Updating would mean the bathroom needs to be brought up to date with todays bathroom standards (ie no formica). This would involved in some cases gutting the bathroom and starting from scratch, but you want to make sure that the materials you use complement the rest of your house.
Fixing would mean fixtures or other entities of the bathroom need to be fixed and depending on the extent of damage in many cases you can zip over to home depot or hire a general contractor.
In either case I would start with a home depot or lowes representative as picking their brains can be helpful.!
Good Luck, let me know if i can help!
John Davis, Realtor
RE/MAX VILLAGE SQUARE
Office: 973-509-2222 x174
GET YOUR CUSTOMIZED MARKET SNAPSHOT
You can save a lot of money by doing the demolition yourself, hiring a helper to remove the items into a dumpster (which you can rent) - Then "GCing" the project (Genceral Contracting) a licensed plumber to run the plumbing, an electrician to update your wiring to fit the new needs (if applicable) - a general contractor handy person to install tile, sheetrock and adding the vanity, tub and so on. You can paint and put in the trim
If you are going to live in the home for a long time, and have good skills, you can certainly try your hand at the repairs.