You could get 500hp for less than 15k If you don't buy the most expensive version of everything like most people do simply because the have that kind of money to blow, but that doesn't mean buying cheap parts either.
Get a rebuild done, get a good gasket set with a good warranty. Don't cheap out. If you have enough money, bore .020mm and build it right, if not, go stock diameter.
Get the most expensive parts where absolutely necessary, but for not-so-important things like the exahust you can cheap out on, the exhaust manifolds DON'T cheap out on, however. Your wiring harness should be fine the way it is if it's a low mileage chassis (inspect and replace/repair if necessary,)
if you absolutely have to have an electronic boost controller, because you know you will constantly be changing the boost pressure, get one used. If you only change boost pressure on rare occasions, just get a manual controller!
EBC's are like paying 500-600 dollars to NOT open your hood, when a 100 dollar unit does the same thing AND you can open your hood for free anytime you want! Why the hell anyone would not want to see their engine from time to time is beyond my understanding. Worried about oil under your fingernails? You shouldn't be boosing more than stock.
You won't need a stand alone ecu or anything of the sort @ 500hp on pump gas. You can still utilize an EPROM chip tune. What's more, the ashspec eprom service comes with boost control!
ETC. I'm not compiling a list for everything you can cheap out on and get away with. Use your judgement.
I will say though, that you definitely do NOT need to buy everything expensive. You just need to buy 'QUALITY' parts, not cheap ones/not expensive ones. And it's not always, "You get what you pay for". That's what richer people would like you to believe so they can satisfy their ego and feel better about the obnoxious amount of money they spend on a daily basis, and make you feel s*** about the cards you were dealt. Not saying that's anyone here, but I have come across people like that.
You do have a chance, however, of some parts failing if you
don't research into the sh*t you're buying. There's some parts that are just hit or miss. And that hit or miss is what defines a good cheap build, or another repair job. With that said, you could seriously do 500hp on a VG for way less than 15k.
F*ck an engine swap, that'll cost you thousands more if you have no experience with fabrication. (Lying about your fabrication skill is only lying to yourself and is the difference between a running 500hp z and a failing shop queen.)