Yeah unfortunately for me.
So I've got someone who's seen the plane before who is gonna give me his opinion on the value, but anyone else want to offer their opinion?
Here's the way I see it: Yes, the panel and equipment are top notch but I feel like the base value is around $175k from what I've seen, plus maybe $25k for the mods (after depreciation). Later year plane (1998) but the engine is getting up there (1268 hours). Wild hand waving here, so feel free to put me in my place if I'm way off base. There's an Encore conversion on the market for $175k with the TKS FIKI and a all the same bells and whistles except the G500.
Another point of comparison is that I can get a similarly equipped Bravo for $225,000 or an Ovation2 GX for $249,500!
Bravo: http://www.controller.com/listingsdetail/aircraft-for-sale/MOONEY-M20M-BRAVO/1993-MOONEY-M20M-BRAVO/1284043.htm
Ovation2: http://www.controller.com/listingsdetail/aircraft-for-sale/MOONEY-M20R-OVATION2-GX/2005-MOONEY-M20R-OVATION2-GX/1275861.htm
Neither have FIKI like the Canadian Encore, but the Ovation2 has G1000 (!) and the Bravo has G500, extended tanks, a 0 time factory reman engine, but not as nice radio/GPS stack. I feel these two planes have more value. Again, total hand waving... I may be missing something.
I'd love to hear others' thoughts!