ABS light?

Say, i'm goin to look at this one car "94 Honda Accord EX" on 9/26/06 that
has 121,000 miles on it....I seen in the ad selling it for 4,200
obo..accd. to the ad has "power this and power that", no difference,
pretty much loaded as mine (same year) when I bought mine last year of
November has 175,000 miles on it for 2,400 dollars, whic now sits on
183,400 miles...but....he mentioned the "ABS" does not work....is that
important to have???? (mine works) in the picture looks pretty good as
mine except it's white mine's gold...oh ya has a one of those little
spoiler...I will bring 3,000 dollars with me....do you think he'll take
it? by the way he's a first owner and a car dealer ???? but the again,
accdg. to the kelly blue book the excellent value is 3,570 <<< accdg. to
excellent it should have "no" rust which mentioned well you know where the
rust on hondas are at? yes, by the rear wheel wells, so there fore i
consider it "Good" value of 3,170 and fair is 2,675...I look at it as
good, just because he put New timing belt, water pump, windshield,
muffler, battery, cv axle ...and he added just the regular interior
accesory, no difference from mine...

Now, in mine since I bought it Nov. 2005...I put in new CV axle, driver
side arm/balljoints left and right, new struts in the back, new tie rod
passenger side, new windshield also, new all disc breaks & breaks - good
products kind..new front tires...

Would his car make any additional value to the actual value from the Kelly
Blue Book...Like for instance I bought mine $2,400 I must put in another
1,500 dollars does that meant I should add them both and sell it that
ways???? Don't forget about my question re: ABS ????