I would say a good deal depending on the type of scope, mounts, rings and the overall condition. If it has middle of the road scope set up, I would feel happier if it were closer to $250. Used Savage 110's and 111's can be found in the mid $200's just about anywhere, with and without scopes.
Around my area new 200's can be found for $279. With hunting season around the corner, gun shops will be gearing up for their annual sales. I've seen the Stevens go on sale as low as $259 during this time. Wal Mart lists the 200 at $289.
I enjoy my Stevens. It's a .243. It shoots well enough with factory loads, that I don't plan to reload for it anytime soon. I've not had any problems with it. Same goes with my Savage 110 .30-06.
Don't be put off if it has rough corners on the checkering, that's typical of the 200.
There is a lot of info here. Check back a few pages.
You might want to check out
www.SavageShooters.com. Tons of technical info over there.