I've been researching the same thing as you. Something I can daily drive and have 230-240whp. What I have come up with would be a TSX engine. Its cheaper than an type-s and gives you more tq for the heavy ep3 chassis. Then engine should cost you anywhere from 1500 to 2200. You can keep your stock transmission. The only thing that would be good to change is the clutch because of the added tq.
K24a2 with (I.H.E) 3 inch and kpro. The only other thing you want to add is a k20a2 oil pan and oil pump so you can rev up to 7500 rpm safely. You should make about 210ishwhp with this setup.
If you want more then I would consider FI or Nos. One more route would be to build the TSX head with cams, valve train, intake manifold, fuel pump, and injectors. Which is what I'm planning on doing. That should get you at about 250whp/200lbstq.
check this build thread
http://k20a.org/forum/showthread.php?t=71489
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