The last time you must have bought those parts and services must have been 50 years ago. The labor price for a trigger job alone will eat up $200. Maybe take a gander at the EGW website and see what a hammer, sear, and disconnector alone cost. Then add thumb safety, barrel bushing, grip safety, ejector, and whatever else tickles your fancy. To be comparable to a Dan Wesson, add $3-400 for frontstrap checkering. If it's blued, add refinishing. $250 is maybe enough to get a sloppy new gun assessed for what it needs, it is not enough to get any meaningful work done in the year 2026. People at McDonalds are getting paid $20 an hour.
I have never even asked them to take a Colt revolver out of the case at the store because they are all stainless. I had always thought the appeal of Colt revolvers was the bluing, but I guess not now. My DA revolvers come from two companies, S&W (primarily) and Ruger.
The pricing alone on Colt 1911s would talk me out of them. Even if the build quality was identical (it isn't), even just comparing the features offered for the money would demonstrate that Colt is not a good value.
Dan Wesson or go to a semi-custom for the price range we're talking about. Colt isn't even in the running.