A 700 will do everything the 650 will do, but the converse cannot be said. I've owned both, and have the 700H now. It is quite a bit more tractor than my 650 was. But the 650 lgp was easier to move with a dump truck and non-air brake pintle hitch trailer, which I cannot use with the 700.
I can throw the 700 on the job with my bigger dozers to rake and burn, or even help move (limited) dirt when we are doing that. The 650 is a great logging road dozer and a finishing dozer, but not a production machine.
That being said, if I were only going to have one dozer for personal use or small construction sites, it would be a 650H or J. It will do all you need to do probably, and as your first dozer you will find it easier to operate and do quality work. It will go places that will bury the bigger dozer, and if you do get it stuck you can get it out easier.
The 450 and 550 are too small; don't even consider them. The 650 is probably the ideal dozer for the one man operation or individual landowner. That's also why they hold their value so well.
For the bigger production jobs that you might have to do, hire them done by someone with D6 to D8 size dozers.