Is this a good, well balanced build?

[ApprenticePCBuilder]

My budget is $1650.

https://pcpartpicker.com/list/8mHQwV

 

[Dark Lord of Tech]

A great PSU and Low Profile ram because of large heatsink.

PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i5-6600K 3.5GHz Quad-Core Processor ($229.99 @ SuperBiiz)
CPU Cooler: be quiet! Dark Rock Pro 3 67.8 CFM Fluid Dynamic Bearing CPU Cooler ($74.99 @ NCIX US)
Thermal Compound: ARCTIC MX4 4g Thermal Paste ($5.89 @ OutletPC)
Motherboard: MSI Z170A GAMING M5 ATX LGA1151 Motherboard ($149.88 @ OutletPC)
Memory: Corsair Vengeance LPX 16GB (2 x 8GB) DDR4-2400 Memory ($86.99 @ Newegg)
Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($49.78 @ OutletPC)
Video Card: Asus GeForce GTX 1070 8GB Video Card ($424.99 @ Amazon)
Case: NZXT H440 (Matte Black/Red) ATX Mid Tower Case ($87.99 @ NCIX US)
Power Supply: EVGA SuperNOVA G3 550W 80+ Gold Certified Fully-Modular ATX Power Supply ($89.99 @ Newegg)
Operating System: Microsoft Windows 10 Home OEM 64-bit ($88.58 @ OutletPC)
Monitor: Asus VS247H-P 23.6" 1920x1080 Monitor ($130.99 @ Best Buy)
Monitor: Asus VS247H-P 23.6" 1920x1080 Monitor ($130.99 @ Best Buy)
Keyboard: Cooler Master OCTANE Wired Gaming Keyboard w/Optical Mouse ($48.37 @ Jet)
Headphones: Logitech G230 Headset ($29.99 @ Newegg)
Other: Kingwin Cordless Anti-Static Wrist Strap (ATS-W28)
Other: 25 in 1 Professional Toolkit including: Pentalobe, Torx, Phillips, Screwdrivers for Smartphone / iPad / iPod / Netbook / Notebook / Laptop / Tablet /Mp3-Player and Macbook repairs by MMOBIEL
Total: $1629.41
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2016-12-30 18:41 EST-0500

 

[greens]

https://pcpartpicker.com/product/4vWrxr/gskill-memory-f42400c15d16gvr
CAS 14 @ 2400 is pretty slow given the rest of the build.
You don't need the thermal paste, cooler comes with plenty.
No SSD in a modern build is pretty crazy, you should really consider an SSD over a HDD.