Do you plan on overclocking at all? If so you'll need a cooler, and a better OC mobo.
If not, then this build is great. Also if not, make sure to snag that mobo today or tomorrow, because it ends tomorrow and it's a GREAT deal if you don't plan on OC'ing.
That build looks about ideal for the price. Just be sure to pick up some good thermal paste and some microfiber cloth and replace the thermal paste that comes pre-applied to the stock heatsink. Logan made a video on how to apply thermal paste properly, be sure to watch it if you are a newbie.