For home gym owners, the best piece of equipment is one that fits your space, budget, and fitness objectives. A multipurpose piece like a power rack can be a wise investment as it allows for a variety of exercises including squats, bench presses, and pull-ups. For those focusing on cardio, a treadmill or a stationary bike could be the best fit.
I strongly suggest opting for quality, regardless of your purchase. As the saying goes, buy cheap, buy twice. We only offer our preferred choices of kit for exactly this reason, namely ATX and JAWS for strength equipment and Life Fitness and Concept2 for cardio.
Also, be thoughtful in choosing your gym equipment from the beginning. For instance, if you are certain that you'll want to add attachments to your bench in the future, like a leg extension or a preacher curl pad, avoid purchasing a different bench without these features simply because it's less expensive.