Honestly, if you're new to biking, I would go to a local bike shop (LBS). Not because the bike you posted is bike, but because of FIT. A poorly fitting bike will be a downright miserable experience and you'll quit on biking as it removes the fun

I've been cycling a lot of year and I moved to Germany and had a bike fit a by a standard sales person and just a subtle change in stem length made all of the difference.

Now, I live in the UK, but stateside, this is probably a $300 bike at a local bike shop and it's quite solid and they'll perfectly fit it for you

Escape 3 (2015) | Official Giant bikes UK website | United Kingdom

Just my two cents/€/£.

edit: http://www.giant-bicycles.com/en-us/...3/14810/75681/

US version. Tell them you'll $300 or $350 with a lock, helmet and lights