At best.
You should look at similar listings to see what the actual market will bring. Sellers can ask whatever, but it's the buyers who determine what they are willing to pay. Trade a Plane, Barnstormers, Aircraft Controller all will give a hint to value, but airplanes listed do not mean sales.
Also, the VREF $5800 for engine times does not necessarily reflect true value, that is 369 hours on a factory new engine is a lot different than an engine with 369 SMOH and re-used everything, overhauled same cyls "X" ammount of times....
Even the interior condition could cost several thousand dollars to upgrade if needed. I think of VREF as the value an insurance company would be willing to cover, rather than what a seller could expect.
