We take possession of the new house in 3 weeks. There's so much work that must be done we are trying to prioritize the jobs right now. The upstairs bath features '50's green (jadeite) tub, toilet and pedestal sink. They are actually in remarkably good condtion. A contractor told us the sink and toilet were very expensive models back in their day. We're thinking of trying to "kill them with kindness" (as the great Ray Staples used to say on Cityline back in the day): retile the tub surround in white subway tiles, large white ceramic floor tiles, and a high end wallpaper in an oversized damask or asian floral with a white background and green/black pattern. Then, years down the road if we tire of that scheme, we can always gut and renovate then.
Is this a good idea? Or do you think we're just setting ourselves up for disappointment and are wasting money in the process?