I have found that the price on the Vagabonds, the 42, 47 and 52, varies wildly. I myself bought a 42 just over 2 years ago for just $63,000. The factors seem to be mainly the amount of rot in the interior, the condition of the plumbing and the wireing. The boats are solid built and stand up very well in most respects but a good surveyer can find enough defects on any old boat for a very damning survey. It would be my guess that this boat has a recent surveyand the owners have a good idea of what it's worth.