overimprove 

To spend a shit load of money pimping out a car, house, boat, etc. way past the point that your could recoup the cash if you suddenly had to sell the thing.

Ricky shelled out 200K on his place- in-ground pool, hardwood floors, patterned concrete everywhere outside. Man, that place is seriously overimproved and he just got laid off and now he has to sell it. He's screwed, man.

overimprove by emoh renwo April 12, 2010