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[quote=Anonymous][quote=Anonymous]We have done it both ways and it is definitely less expensive over all to do renovations at once time before moving in.  It might seem counterintuitive, but there are significant cost advantages if you have the cash or a low interest line of credit to hiring one contractor, getting his or her full attention, looking inside of walls and seeing what the real state of the house is so that you can fix minor problems before they become major problems. Plus, it is significantly less disruptive to get major areas done when not living in a house.

BTW, I am a Gen X'er. [b] I don't think it is a generational thing. [/b] If these people have friends or family who have renovated houses, they may be getting good advice about how to maximize a renovation budget.  
[/quote]

I do.  I'm a Baby Boomer and DH and I are still living with our run-down, pink-tiled original 1952 master bath, 12 years after buying.  Our HHI is close to $200K but we are saving aggressively for retirement and college.  As long as the bathroom is functional, we're not remodeling.

We re-did our kitchen 10 years ago, but kept most of the cabinets and chose very modest materials for everything else.

Generational for sure IMO.[/quote]

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