The cosmetic condition is much more important than the operational condition when it comes to value.
Original cabinet paint should be in reasonably good condition, as well as the playing surface and backglass.
The metal coin door, legs and coin slot bezel plate should be reasonably rust and dent free.
Just about any operational issue can be repaired, usually fairly easily. That particular model isn't very collectable or valuable to begin with, so $200 in average or better condition sounds about right, especially of you need to have it repaired.
Post your general location so that local repairmen can possibly reach out to you.