02 Husaberg FC550

Hey guys, figured I would jump onto this forum to get some insight into this 2002 Husaberg FC550. A friend of mine said his brother had this dirtbike because I said that I wanted to get me a dual sport bike and we figured that I could just put on the parts that were missing to make this bike street legal. I was originally told it was an 04 but now looking at the title, I discover that its an 02. I have read on this site as well as others that this year model was not husaberg's golden years.
Basically, Im trying to figure out what the bike would be worth.
I removed the carb and took it apart putting everything in an ultrasonic cleaner to clean it up as the bike as been sitting for a few years. That along with new gas and some seafoam, we got the bike started.
Pros: Has a phm40 carb on it that is very responsive (at idle at least)
Upgraded suspension (Jones or johnson or something? Will update when I find out exactly)
Is in pretty good condition overall
Cons: Carb needs to be rebuilt because its leaking a little
Missing chain guard
Because of time sitting, just needs to basic maintenance (chaing, oil, swap fluids in clutch and brake lines)
The owner hasnt said a price and I dont know of a price to offer. Kbb says just under 2 but we all know how kbb sometimes differs from what something is worth to what something will sell for.
So mainly I am looking on what you think the value is around and your opinions on whether it would be worth putting money into it to make it an awesome street bike.
Thanks!

Ouch. Less than what I was expecting. Just blipping the throttle it is very responsive so I cant wait to get it going to see what it can do.

That makes me feel better. My friend who is motorcycle savy is worried from what he has read about this year model berg that it it will be on the workbench more than on the road. I can do the most of the stuff that will be required of it besides adjusting valves which he can do but he is just worried that it will be a money pit that wont be reliable. As this is my first berg, I am honestly only going off what others have said online that the 01-03 were attention whores but I feel that as long as you stay on top of maintenance, it will be ok.
Heimirbar, is yours strickly a dirt only bike? or do you street it?

Thanks everyone for the info. It was cared for at one point in time, and then kinda forgotten. haha. But I was pleased at how easy it was to get going again and how little its going to take to ride (as far as I know.) I live in Louisiana so BOSS is a little far but it is definitely nice to have a knowledgeable contact.
As far as mechanical aptitude, I am fairly good at most things. I have a honda motor taken apart in my front bedroom right now. So what I dont know, I am not afraid to find out. After watching my bud pull apart the carb, Im gonna tackle rebuilding it.

Heimir, what would you say the top speed is? If I am going to street this bike, I need it to cruise comfortably at 80ish max. I know I can put a smaller sprockets on it and ill prolly do that anyways to help with streetability, but just wondering how it is stock.
Also, and this is for down the road in life, but I found an awesome website that gave diagrams of each part of the bike and labels each part with the oem part number. The main shafts of the 4 and 6 speed transmissions were the same. Does this mean that i can just change the gears and such and have a 6 speed? or are the housings different?

By top speed i didnt mean what can I get it to go to, i meant is it comfortable at cruising on interstate. I would like to keep it as low as possible for more low end grunt. As far as you saying dont street it, that is the kind of info I am looking for. I have no problems upgrading the bike on some of the parts that are listed in the owners docs as to the common failures, but I also dont want to have to always be fixing it. I have ordered a chain guard and a chain and will soon order the necessary gaskets for the carb to get a feel for how the bike feels to me and if it is too much or just right speed wise. If I can get this one going and sell it to get a bike that would be better suited for streeting, then so be it. I have just never rode a bike like this that is this big.
I have owned 2 ninja 650s that were plenty for me but still felt small enough for me to handle with confidence. I am not going for sport bike perfomance in the speed department, but would still like it to have some of the "smile" facter.
I owned an xr80 way back when and loved taking it on the trails and still love riding on 4wheelers. The plus for getting a dual sport is that here is Louisiana, there are plenty of paved and dirt roads. So fun for all! :bounce3:

Thanks man! That helps a lot! I have read that you can increase the oil capacity by putting an oil bag like on other bikes or manybe by some other means. I plan on looking in to this as it would increase the gap between ok and not ok as far as oil levels and it would also slightly increase the maintenance period i assume.
I planned on getting supermoto wheels but had no idea that they benefited it in any way besides smaller tire and street rubbers.
So on the check list is:
supermoto wheels (with kush hub rubber)
oil bag?
(and back on) a chain guard

I already bought a good chain and a chain guard but a guy from cyclebuy called back and said that the guard was unavailable. So i will be doing a custom job most likely. That or trying to buy something from over seas since this was popular over there in 2002 more so than the US.