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For the price, Craftsman are throw away. I was just at Sears yesterday and they have a ton on sale for under $200. For that price, and the size of the yard, go for it. It will last you for 5-7 years if not more if you maintain it and then it really won't owe you anything. Compared to a top end mower the upfront capital is small.
If you do get interested in a reel mower, let me know, I will sell you mine for short money.
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