My first ever build- $1000

It wont run BF3 on Ultra 1080p, Im telling you that.
At $1000, you can afford a 7870 or a 7950 which will give you more than enough performance to run today and tomorrows games on highest, 1080p.
Also, get the CoolerMaster HAF912 for $50. It will give almost the same features for half the price.
You want an aftermarket cooler since Im assuming you want to OC since you have a K cpu.
You might as well drop the SSD in this case. Just get one in the future.
Lastly, if you have a Microcenter near you, they sell the 3570K dirt cheap and you get $50 off the mobo when you do it.

Haha. He wants the to play games on the highest settings and he plans to buy a 7770. Hilarious.

Dude, you need at least a 7870 or 660Ti for highest settings.

CPU: Intel Core i5-3570K 3.4GHz Quad-Core Processor ($215.99 @ NCIX US)
CPU Cooler: Cooler Master Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler ($27.99 @ NCIX US)
Motherboard: Gigabyte GA-Z77X-UD3H ATX LGA1155 Motherboard ($119.99 @ NCIX US)
Memory: G.Skill Ares Series 8GB (2 x 4GB) DDR3-1600 Memory ($41.99 @ Newegg)
Storage: Western Digital Caviar Blue 500GB 3.5" 7200RPM Internal Hard Drive ($69.00)
Video Card: Sapphire Radeon HD 7950 3GB Video Card ($317.86 @ Newegg)
Case: Cooler Master HAF 912 ATX Mid Tower Case ($50.00)
Power Supply: XFX 750W 80 PLUS Bronze Certified ATX12V / EPS12V Power Supply ($64.99 @ NCIX US)
Optical Drive: Samsung SH-222BB/BEBE DVD/CD Writer ($16.98 @ Outlet PC)
Operating System: Microsoft Windows 7 Home Premium SP1 (64-bit) ($90.68 @ Amazon)
Total: $1016

This option gives you a psu and cooling system that lets you oc and crossfire if you decide to if you don't want to crossfire than psu is overkill.

Personally I would skip the HD and save up a little more money first and get a Storage: OCZ Vertex 4 256GB 2.5" Solid State Disk ($183.04 @ NCIX US) instead.

Or you can just get the HD now and save 109$ for a good 120gb samsung 830 series or ocz vertex 4 120 gb.

I like your build. Your build is better than zulug's. Every component is a good choice, although you need a better GPU and an Intel SSD. I suggest Intel 330 120GB cuz of price OR Samsung 830 128GB.

Also, please, unless you don't care about gaming quality, get a Video Card that costs over $200.

What kind of monitor are you going to buy? This is very important too.

Zulugs build is better, argueably.
His build will provide MUCH MUCH more performance for just $100 more.

Here is a ~$1k build that has a lot of good parts:
Intel 1k Gaming Build w/HAF 922 Case

Highlights:
* CPU 3570k (unlocked Multiplier for easy OC'ing)
* Mobo - Has all of the necessary options for an Ivy Bridge CPU
* RAM - DDR3 1600 mHz and lower profile Heat sinks, so you can add just about any CPU HSF that you want.
* 1 TB HD 7200 rpm for plenty of storage
* AMD 7950 GPU!! Requires 1 x 6 pin and 1 x 6+2 pin (8 pin) PCI-e power connectors, so keep that in mind when you consider powering 1 or 2 of these.
* CM HAF 922 case (with front USB 3.0 ports!) w/plenty of cooling options
* Corsair 750w 80+ Bronze efficient PSU. Has 4 x 6+2 pin (8 pin) PCI-e power connectors, so you can hook up 2 x GPU's that require 2 x PCI-e power connectors! This is a bit overkill if you don't use 2 x GPU's in the future, but will not need to be upgraded later, if you do end up getting 2 x 7950's (which is what I'm using in this build).

Total ~$980 w/MIR's.

You can adjust several parts to fit your budget, especially if you just stick to 1 GPU. I recommend going with just 1 GPU, but that is just me. It makes your initial build price less and also allows you more $ for GPU upgrades later, without changing too many parts on this build.

If you want to save a bit more, but still have the gaming prowess as the one above and are going to stick with 1 GPU, I've linked another build below:
<$1k i5 3570k Build w/Corsair 300 Case

Remember that these are just suggested lists and you can install whatever parts your prefer into them.

*Edit*
Just got some Newegg deals in my email, you might want to check out some of them:
Here's the link

$40 shipped and comes w/2 x 3.0 USB front ports!
Rosewill RANGER Gaming ATX Mid Tower Computer Case,two-toned interior coating,come with Three Fans,Support up to 7 Fans, w/ Window Side Panel

$65 - $25 MIR = $40! Comes w/2 x PCI-e power connectors (1 x 6+2 pin and 1 x 6 pin) <--- Good for 1 higher end GPU
OCZ ModXStream Pro 600W Modular High Performance Power Supply compatible with Intel Sandybridge Core i3 i5 i7 and AMD Phenom

$115 - $10 MIR = $104!! Has all that you need for a good system!
MSI Z77A-G45 LGA 1155 Intel Z77 HDMI SATA 6Gb/s USB 3.0 ATX Intel Motherboard with UEFI BIOS

So consider all parts that you like. I've listed several options and if you have questions, please let us know.