luckytiger1,
I have your exact situation. Despite moving to a larger home, I’m in a room the same size as yours with 10’ ceiling. There are no absolutes, but here is what I have done to continue to enjoy this hobby. I use stand-mounted lspeakers (Sonus Faber) supplemented by headphones. If you are new to headphones, you may be surprised at how satisfying a good headphone system can sound. I recommend a tube amp with electrostatic phones. YMMV!
I have your exact situation. Despite moving to a larger home, I’m in a room the same size as yours with 10’ ceiling. There are no absolutes, but here is what I have done to continue to enjoy this hobby. I use stand-mounted lspeakers (Sonus Faber) supplemented by headphones. If you are new to headphones, you may be surprised at how satisfying a good headphone system can sound. I recommend a tube amp with electrostatic phones. YMMV!