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Charlie, I'm an engineer too. It's not clear to my why you are offering so many opinions as you are not buying this boat. As for the value, it's to be determined by the market. I have seen quite a few 16 footers of that age sell for $5k, in fact there is a 1991 16 footer for sale here for...

The very first posting says "1995 Angler 16 ft. with galvanized Lil'Rider trailer and 35 hp Honda outboard.Lowrance color depthfinder and Jenson am/fm cd stereo.Rod holders and rod racks installed also.Very good condition and barely used! I'm considering all offers over 5K. Boat is located on...

if this is still for sale and you would consider $5K, I would be interested, I am local to you