I thought I might be able to give you some prices on what its going to be for the repairs you mentioned, since I have just done the same on my Supra.
Struts are going to put you out at $300 a pair, plus labor if you can't/don't have the tools to do it yourself. Remember they have to be Toyota Struts or else it wont work with TEMS.
Power steering line is going to run you around $50-$80 for the line, but this isn't too difficult to put in yourself, its a pain but it can be done.
As far as what I would offer would be determined on what condition the engine and tranny are in, the car itself is worth a bit if the body and paint are in good condition. Do your homework and find out the history on that engine if possible, because if it throws a rod, blows a head gasket ect... then you are looking at some serious time/money to get it fixed.
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