I've gone through three 1911's in the $900-1,100 range. Colt, Springfield and Kimber. I was not really satisfied with any of them. The Colt (.38 Super) was well made and reliable but not very accurate. It was a little loose in the frame to slide fit and the bushing to barrel fit.
The Kimber (.45acp) was accurate but would not feed hollowpoints.
The Springer (9mm, Brazilian frame) was highly accurate but I rarely got through a magazine without a failure to feed. It had a very rough disconnector hole in the frame, so bad that the slide would often stop on the disconnector on it's return to battery.
After receiving some inheritance (thank you Stanley), I plunked down some money on a Les Baer .38 Super. Now I'm finally satisfied with a 1911. Tightly fitted and highly accurate, but utterly reliable after a short break in.
A Les Baer Premier II in .45acp can be had for about $1,500 new. I think they are the lowest priced of the hand fitted guns out there. For an extra $150, they will guarantee 1.5" groups at 50 yards. I did not opt for that, but my gun shoots as well as I can test.
Plus they are now made in Le Claire Iowa, just a pee downstream from where I live.
I'm happy.
ETA- I thought I should specify about the group in the photo. 1.4" @ 25 yards from a good rest with Remington match bullets in a handload. I'm sure younger eyes/steadier hands could do better, and I don't shoot quite that well standing on my hind legs, but I have had several sub-5 inch groups standing at 50 yards. I'm thinking of using the Baer in IHMSA Field Pistol this year. I never won with a Contender, so why not have more fun and shoot a .38 Super.
The Baer is not a defensive handgun (a less expensive polymer gun does that), it is strictly a serious target shooter for me.
I don't drive a Porsche or live in a mansion but I do like really good Scotch once in a while.