I think that price is fair given mileage and availability.
For a future vintage project I just drove several hours mostly due to NYC traffic to pay $800 for a low mileage sedan with the early 2.2.
Car had interior stripped so I really paid for the engine, harnesses, and not a lot else.
I will also try to extract the 4EAT transmission for our 94 Legacy but if that doesn’t happen I still feel I got a somewhat fair deal.
Guys like me have to wake up and realize there are no more $500 beaters.
Also, I would never make the effort I did for any other engine. It’s the first edition 2.2 and that’s it. Simple and reliable.