Dac upgrade?


I try to get good sound at a “reasonable” price.  System consists of Magnepan 1.7 speakers, Prima Luna HP amp, an Audio Reasearch SP-3 preamp (purchased almost 40 years ago)  an HRT (High Resolution Technology) dac.  When streaming (I use Spotify Premium.  Never tried Tidal.  Don’t use headphones.  The HRT dac is about 4-5 years old, one of the earlier DACs on the market, I believe.  Was thinking of a not very expensive dac upgrade, such as the Schiit Bifrost.  Two questions for the community.  How likely is it that I will experience a significant improvement in sound with (for example) the Bifrost?  I realize that I can get a 15 day trial which would be my own gold standard.  Of interest, Schiit said they had no idea.  Second question— with a budget of up to $1000, any other suggestions?  I would require a trial for any possible purchase.  One final factor, I am almost 72 and I certainly do not have world class hearing, but I am pretty confident that I can still recognize good sound when I hear it, like the Supreme Court justice who famously said he could not define pornography,but knew it when he saw it.  Thanks!
jameslsimons
@OP 
Some feel Tidal superior to Spotify due to it streaming in a higher resolution and offering MQA. FWIW, I stream both and find Tidal marginally better sound wise. YMMV.
Regarding DAC's, the Schiit Bifrost Multibit is good, but a Gungnir or Yggy is better. Another comparable DAC is the Ayre Codex.
The Codex and Yggy will be comparable soundwise, but you can find a used Codex for around $1400 used, sometimes less (psst, check out US AudioMart), the Yggy goes for a little more.
Bob
The idea of a new DAC aside you may also want to consider, your preamp being almost 40 years old, taking it to a tech to get looked over and possibly recapped. You may find this a bigger upgrade in sound quality than a new DAC,.
What’s wrong with you guys (the original posters) to ask questions about digital gear in analog section of the forum? Is that a new virus??
^^^^^Exactly....digital and analog don't mix well...analog usually collects on top....
Monday—I like your idea.  I am in the process of arranging an upgrade with AR.  After that is completed I will likely give the Gungnir a trial.  There seems to be a wide range of opinions re the value of the multibit upgrade.  Welcome any thoughts you or others might have, though ultimately it would boil down to a trial.  I would spend the money for the multibit if it produced a clear and significant improvement.  Anything less than that would not be worth it, for me at least.  Any further thoughts?