The main difference is cost as the LGA 2011 platform will be more expenxive then the LGA 1150 so right off the bat you have to dcide on what your willing to spend.
After that you want to look at motherboards since they are different sockets your going to get a different feature set for each and there will be some same features but the high end 2011 socket board will have more.
The main difference between the two is that the 2011 socket with the X-79 chipset is going to give you 40 lanes of Pci-e bandwidth for true x16 for dual video cards. The 1150 socket and z-87 chipset has 16 lanes total to split up.
The other difference is the ease in which you can overclock the 2011 CPU. I have the 3930k on the Asus Rampage IV Extreme and I got a...