I did a bit of research to get a date for this bike. It was certainly made between 1993 and 1995, and given that it looks like it has a Shimano Exage crankset on it then it must be 1993 (if it is Shimano RSX then it would be '94 or '95). Here's the specs at
Bikepedia.
From the photo, it looks to be decent condition for its age, and I expect it still has many good years of life left in it yet. Given the rubbish bikes that I see being sold on this forum for almost the same price, I think it's a pretty decent deal.