Selling a used bike--pricing help?

I am building a new bike next month, and selling my old one to a friend. We've already agreed on a price ($300), but I've started to wonder whether it's fair or not. I chose it because I knew that it was the price range she was looking for, but I worry that I may have gone too high. I've looked around online for comparable bikes and pricing, but haven't really found anything that matches closely enough to put me at ease. So I thought I'd ask the TE experts. :)

The bike's a 2005 Trek Pilot 2.1, and it will have around 5,000 miles on it at sale time. I bought it in July of 2005, for $1100. It's got some cosmetic scratches, but is in good working order overall. It's never been crashed, just tipped over during the clipless learning curve :p . All the upgrades I've done will be moving to the new bike, so everything will be stock on the Pilot except the saddle, which is a barely-used Terry Butterfly Ti (didn't work well for me). The drive train is Shimano 105 triple, with a SRAM 12-27 9-speed cassette. The chain has been replaced once, about 1,000 miles ago. The tires have also been replaced with puncture-resistant ones. The bike's been well-maintained, but also well-used.

So...do you think $300 is fair? If I don't sell it to her, it's likely to just sit in the garage (my first road bike...I'd have a hard time selling it to a stranger!), so I want to make sure that it's a good deal for both of us.

$300 seems more than fair to me

spoke

that sounds like a really good deal...if she passes on it let me know, I'm looking for a second tier bike for winter riding :D

Are you including pedals as well?

I offered the original pedals (platforms with toe clips/straps), but she didn't think she'd want them. She rides clipless on her mtb now, and plans to just transfer those pedals over, I think.

I don't know if it is too late, but that seemed like a very fair price. I just sold my 05 Dolce Comp, no pedals, 4,000 miles for $600.