Have you considered something pre-owned? You mention longbow. Bear has several options right around your price range. I shoot recurve, so I don’t have much experience with the longbow, but search online and you may find a good deal out there. For example, my recurve is an InterNature 58” 45#. I got it from an online auction. I paid under $150 with shipping. I figured if it was horrible, I was only out a bit. Turns out it is a great dependable take-down bow. Doesn’t mean every online deal is a good one, but do some research. I’m sure you will find something that will keep you in the woods for years to come. Oh, I almost forgot. Someone gave me this advice on one of my posts, so I am passing it on. Have you considered MAKING instead of buying? Just a thought.
Hope it helps,