With a barrel at ~400, ~600 for the work to start is about as good as it's going to get.
I got a Pac-Nor prefit, lot's of bells and whistles. Lots of $$$.
Since it was so close to 'done' the smith charged only $50 to do the R and I. Still above $600 but worth every penny.
You have to pay for the machine work at some end of the process. Back yard smiths can do a fine job, inexpensively. A boutique smith will stand behind his work especially if he sources the barrel, he will have to charge more to allow for building costs, utilities etc.. The boutique smith is a business man and needs to charge accordingly.
The back yard smith may only be doing it to justify buying his tools to his wife/her husband (well we can hope for a lady smith
), does not pay rent on a shop, utilities are included with the house. Perhaps no liability insurance beyond his home owners. You get the picture.
My smith is sort of in between. He works out of his yard but now 'semi' retired not as much as he used to. I like him and his work. Some don't like him so much but can't fault his work.