In this area, coming into the winter like this, prices drop drastically. I did decide not to go see him after all, mostly because he is even farther away from me than the ad stated. Somehow, a 3 hour drive to look at a dubious, not super pretty, $250 horse just did not add up for me.
Also, since I am not looking for anything to compete on, don't mind working through issues (as long as they are not dangerous), am a reasonably competent rider and prefer to get something rather green, I am not really looking to spend any more than about $400. There are quite a few of them listed around here, it is just a matter of sorting through to bunk and the ones that won't suit what I am looking for.