Define "Over Improving"

[Sam Byrd]

How do you define "over improving?"

Is it improving to the point where it increases cost to recoup?

Is it improving to the point that the end result is conspicuous relative to similar properties?

Both, something else?  Interested in your perspective. 

[James Wise]

Over Improving would be fixing/renovating a property to a point were you will not recoup that capital investment because the neighborhood comparables will not support a value that high.

An extreme example would be installing a $100,000 in ground swimming pool and patio in a home in a neighborhood where the homes typically seller for $85,000.