Looks like a nice partscaster to me. At least the neck doesn't look Squier. Also I've never seen that color before. Bridge looks to be high quality and are those dome knobs?
I'd pull that control plate off and look underneath. Give us a gut shot of the pots, caps and switch. I'd be willing to bet it's a higher quality partscaster but I've been wrong.
And.. no one is gonna say, "Oh Lordy, what did you do to your guitar to get that incredible sound." No one, so do yourself a favor, leave it alone. -Ron Kirn