For whatever it's worth, from one who just finished remodeling a 1996 34'er, if you paid 7K, you probably did well. That being said, the '96 that we bought last November, we paid 3 times that amount for, but it was from the original owner, and had been pulled less than 5,000 miles since new.
I worked 5 months on the restoration, and spent around 13K, on parts, which among other things, included a new 21' awning roller and fabric, 7 new LR "E" tires, 6 new complete brake assemblies, 2 Maxim skylights, 2 Fantastic vents, updated the range hood to the Fabulous hood, new vinyl plank floor, aluminum wall covering in the kitchen, new china stool in bath, 2 Lambright recliners, new cabinets across the front and sides, new upholstery for the dinette, 2 new Samsung TV's. I think I've covered everything, or close to it.
I did the work myself, (most of it), which saved probably another 10K. After all that, we have a unique 34'er, that should last us as long as we continue to pull it. I've had offers from a buyer at 40K, but I'll keep it for now...
Old age is coming at a really bad time!
1996 34' Excella 1000, interior totally redone, 2003 Dodge/Cummins HO, Diablo tuner, 115 gallon aux fuel, Bedslide, Airsafe/Reese Dual Cam, and a bunch of other stuff