Adding an extra room by re-purposing a living room

[Irena Bilkova]

Can you turn a 2BDR into 3BDR by re-purposing a living room into a ROOM and creating a LIVING KITCHEN area?

Would this re-purposing be seen as adding an extra room for the purposes of VALUATION? Are there any guidelines I could check to see if I meet the minimum space requirements for the living kitchen?