I'm in the middle of a project treating a room exactly the same size as yours.
I went DIY for a couple of reasons. Delayed shipping from vendors, mostly. There's a lot of info on YouTube regarding treating mastering rooms/studios. All the same applies to 2-channel.
Basically, use as much broad-band absoption in the room as you can reasonably fit. Maybe diffusion on the front wall between the speakers.
Place your speakers on the short wall (short wall is front and back, long wall on the sides).
Do the bass traps first. Front corners, wall to ceiling.
I purchased Owens Corning 703 and 705 directly from an insulation company. Arrived in two days.
Stuff the ceiling joists. I used 9" R-30. Took about $250 to do the ceiling. I covered the ceiling with natural cotton canvas (painters drop cloth).
For cloth, I can't recommend Guileford of Maine enough. It's expensive, but it does not wrinkle (no ironing...). Has a great hand and is easy to work with.
Do your own research and plan well. Lots of info out there. You can spend $10k easily in that room if you follow someone like Denis Foley (Acoustic Fields). I checked them out. I'm sure the pro stuff works, but I'm a low-budget guy. My system is only worth $10k or so, I can't afford to double it for room treatments.