I started doing contact prints at home with a contact frame and exposing the prints with the overhead lights. Soon enough I wanted more and so I got myself a little Durst enlarger, which now sits on top of the washing machine in my bathroom. I am printing up to 8x10 in my bathroom and it works fairly well, besides the lack of space. If you have a tub, place a wooden board on it and place your trays on top of it. Get a 10$ savelight off of ebay and there you go. I still go and rent time in a comunity darkroom for bigger rints, but most of the time I just print in my bathroom. It is convenient and I can do it whenever I feel like it and time allows and don't have to go anywhere. So I guess my point is, yes, it is feasible and you might even get bitten by the bug and want to do more once you see how easy it can be done at home ...