The reason Sabrina & Mike's bathroom makeover clocked in on a tiny budget is because they used leftovers from their whole-house renovation. The bulk of the cash went to replacing the toilet and sink. Leftover oak flooring replaced the tile.
As for the vanity, they made that out of 4x4s; the panelling effect is achieved by applied moulding; and the coffered ceiling is a combo of MDF strips and textured vinyl wallpaper, which Sabrina chose to paint indigo blue. To read more about the project, head on over to This Old House. And to read more about Sabrina and her makeovers, visit Pink Little Notebook.
Bold Powder Room Makeover for $394 [This Old House]