you can easily build a rifle for under that and it will shoot as good or better than any other gun out there. I have built 4 off of savage actions and Shilen and Mcgowen barrels. if .250 and .375 group sizes for a hunting rifle is not a good enough group then you can go a different direction. I am waiting on parts for another rifle build. 300 WSM
to be exact. All of the rifles have been 1300 bucks and cheaper. in my opinion you can build one hell of a shooter this way and save the extra money you would spend to have a smith build one. no offense to the smiths out there. you all build fantastic rifles but some of us just cannot afford to buy those. If you are only looking to shoot at around 500 yards then maybe just buying a high quality Savage or Remington factory rifle might just be right up your alley.
The pictures from the above post are a prime example of what you can build. that is a nice looking rifle.
Just my opinion of coarse.