Long time lurker - time to build first gaming PC $1,500-1,700

PCPartPicker part list / Price breakdown by merchant

Type Item Price
CPU Intel Core i7-4790K 4.0GHz Quad-Core Processor $324.99 @ SuperBiiz
CPU Cooler Scythe BIG Shuriken 2 Rev. B 45.5 CFM Sleeve Bearing CPU Cooler $38.99 @ SuperBiiz
Motherboard Asus Z97-E ATX LGA1150 Motherboard $111.98 @ Newegg
Memory G.Skill Sniper 8GB (2 x 4GB) DDR3-1600 Memory $54.99 @ Newegg
Storage Samsung 850 EVO-Series 250GB 2.5" Solid State Drive $94.99 @ Amazon
Video Card Sapphire Radeon R9 290X 4GB Tr-X OC Video Card $301.50 @ Newegg
Case Corsair Graphite Series 230T Black ATX Mid Tower Case $69.99 @ NCIX US
Power Supply EVGA 750W 80+ Gold Certified Fully-Modular ATX Power Supply $99.99 @ NCIX US
Keyboard Razer BlackWindow Ultimate Mac Edition Wired Gaming Keyboard $100.00 @ Mechanical Keyboards
Prices include shipping, taxes, rebates, and discounts
Total $1197.42
Generated by PCPartPicker 2015-04-19 07:54 EDT-0400

Notes:

Using your current monitors, this is the most you'll need to spend. This will max out GTAV @ 1080p. Anything above this, and you'll need a new set of monitors to tell the difference.

The i7 will make use of HT since GTAV is multi-threaded.

If you want to spend $1700 and revamp your entire setup then:

PCPartPicker part list / Price breakdown by merchant

Type Item Price
CPU Intel Core i7-4790K 4.0GHz Quad-Core Processor $324.99 @ SuperBiiz
Motherboard Asus Z97-E ATX LGA1150 Motherboard $111.98 @ Newegg
Memory G.Skill Sniper 8GB (2 x 4GB) DDR3-1600 Memory $54.99 @ Newegg
Storage Samsung 850 EVO-Series 250GB 2.5" Solid State Drive $94.99 @ Amazon
Video Card XFX Radeon R9 295X2 8GB Core Edition Video Card $659.99 @ Amazon
Case Corsair Graphite Series 230T Black ATX Mid Tower Case $69.99 @ NCIX US
Power Supply EVGA 750W 80+ Gold Certified Fully-Modular ATX Power Supply $99.99 @ NCIX US
Monitor Acer G257HU smidpx 60Hz 25.0" Monitor $279.99 @ Newegg
Prices include shipping, taxes, rebates, and discounts
Total $1696.91
Generated by PCPartPicker 2015-04-19 07:59 EDT-0400
/r/buildapcforme Thread