Having lived in a 1930 vintage house for 33 years I'm more than familiar with DIY projects and I'm more than familiar with the costs involved in doing them.
Lemme tell you, it ain't like HDTV. Here are my rules of thumb.
First, forget the schedule, you ain't gonna get it done in one weekend.
Second, forget doing it on the cheap. It's gonna cost you plenty.
Here's a link to a project that I completed two years ago. The laundry room was the last room in our house to get a complete renovation. I put this one off as long as DW would let me and then it was time to get to work. 
Total cost of this little weekend project was about $3500 and it took better than three months to complete. The cost did not include the appliances. The finish work was the easy part of the job, correcting a lot of problems and arranging the room the way we wanted it was the time consuming and expensive part.
This link is just a bunch of pictures of all the work that went on. For the executive summary just click on the before, during and after pictures. For the cooks tour you can hit them all. 
Index of /laundry
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100% retired and working hard at it.
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