Honda

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been out of the circut for a while, had back surgery 3 years ago and stopped riding! looking to get back on a bike again & talked to a neighbor that wants to sell his 89 cr500. said he would give it to me for $300. i know about bikes but was wandering, your obviousley a honda rider, do you think $300 is a good price for a 89 cr500? this guy is has got money & is ana; about his things so i know it has been taken care of and the bike is in great running & looking condition so i figured, $300 is a good price for any bike that is running but what do you think?