The intrinsic value of an item is not necessarily the monetary value.
If you are working on these bikes to make money, you win some, you lose some. I have no sympathy for pure capitalism.
If you are building personal value, adding pride, memories, and personal skill, as in a hobby, don't forget to factor that into the value of the bike. And, you still get the utility of the bike after the work/investment.
Cheers,