Sounds challenging. You might have noticed that The Absolute Sound had and article in the last two issues on downsizing Audio. Not the approach you are thinking about. But worth reading.
.
I can speak to streaming as I have dipped my toe in and out at first... and built a crazy good headphone system at work. Then was in an out of it at home. Now streaming constitutes my primary listening. I listen to LPs about 10 - 15% of the time, just more or less for fun... while analog has a very small advantage over streaming in detail...it is not really significant enough for me to choose one over the other. You might check out my system to see where I am coming from.
.
First off... exactly the same principles apply to the digital world as did the analog when it choosing equipment. The more you spend the better is sounds, there are different house sounds. Given it is 2021. You can get a high end streaming service Qubuz is the best (whole topic), and Tidal second best. They cost $19.95 a month... say the cost of a CD a month... gives you access to tens of thousands of HQ music and hundreds of thousands of red book quality. {So now when reading about great albums in the back of The Absolute Sound, I just type them into my iPad streamer screen and listen to them... no delay}. I am retired and listen to music about 3 hours a day... I will never have to listen to the same thing twice unless I want to. I would not bother ripping my CDs (many people still would). I would just get rid of them. Take up too much space. Most streamers have storage if you want to store your music. I have not really used it (although my 2,000 CD are on them. We are in transition... CD player are slowly being discontinued and storage on streamers is getting smaller, streaming is the future) If, on extremely rare occasions the network goes out... I’ll spin an LP... I can’t remember this happening in the last year.
.
Lets say my preamp cost $10K and my amp cost $10K, and my speakers cost $20K... then you probably want to put $10K into your Streamer and $10K into your DAC. Or $5K / $5K... or $20K etc... just a gross rule of thumb. Look to Aurender for your music server. I have owned a couple and now have their flagship. There are many good DACs. Look at Berkeley, but most main stream audio companies have good ones.. Choosing these and interconnects are the same as choosing any other audio components. Streamer / DACs come together like preamp / amp... same reasons to have a separate streamer / DAC as in the analog world.
.
I would like to say this will be easy... but honestly it is not going to be. You know, you change one thing... there are consequences and your listening room is about the size of mine. If I was confronted with the change your are talking about. I would call up my audio guy and use all my current stuff as trade in to buy new stuff that is appropriate to your new space. I would also, think seriously about only streaming. No physical disks. I love my turntable... but.
.
I could write a book about my transition. PM me if you want to talk off line.
.
I can speak to streaming as I have dipped my toe in and out at first... and built a crazy good headphone system at work. Then was in an out of it at home. Now streaming constitutes my primary listening. I listen to LPs about 10 - 15% of the time, just more or less for fun... while analog has a very small advantage over streaming in detail...it is not really significant enough for me to choose one over the other. You might check out my system to see where I am coming from.
.
First off... exactly the same principles apply to the digital world as did the analog when it choosing equipment. The more you spend the better is sounds, there are different house sounds. Given it is 2021. You can get a high end streaming service Qubuz is the best (whole topic), and Tidal second best. They cost $19.95 a month... say the cost of a CD a month... gives you access to tens of thousands of HQ music and hundreds of thousands of red book quality. {So now when reading about great albums in the back of The Absolute Sound, I just type them into my iPad streamer screen and listen to them... no delay}. I am retired and listen to music about 3 hours a day... I will never have to listen to the same thing twice unless I want to. I would not bother ripping my CDs (many people still would). I would just get rid of them. Take up too much space. Most streamers have storage if you want to store your music. I have not really used it (although my 2,000 CD are on them. We are in transition... CD player are slowly being discontinued and storage on streamers is getting smaller, streaming is the future) If, on extremely rare occasions the network goes out... I’ll spin an LP... I can’t remember this happening in the last year.
.
Lets say my preamp cost $10K and my amp cost $10K, and my speakers cost $20K... then you probably want to put $10K into your Streamer and $10K into your DAC. Or $5K / $5K... or $20K etc... just a gross rule of thumb. Look to Aurender for your music server. I have owned a couple and now have their flagship. There are many good DACs. Look at Berkeley, but most main stream audio companies have good ones.. Choosing these and interconnects are the same as choosing any other audio components. Streamer / DACs come together like preamp / amp... same reasons to have a separate streamer / DAC as in the analog world.
.
I would like to say this will be easy... but honestly it is not going to be. You know, you change one thing... there are consequences and your listening room is about the size of mine. If I was confronted with the change your are talking about. I would call up my audio guy and use all my current stuff as trade in to buy new stuff that is appropriate to your new space. I would also, think seriously about only streaming. No physical disks. I love my turntable... but.
.
I could write a book about my transition. PM me if you want to talk off line.