Bring an couple of architects to look at your house, talk to them about possible expansion and hire the one who's proposal you like the best. You will need a professional to help you maximize your return on investment.
To really maximize your home improvements, contact the agent who worked with you in purchasing this home and get their opinion regarding how best to renovate the home. In the alternative, talk to your architect or interior designer for assistance. Getting help from professionals will help you avoid costly and expensive errors in the future.
from a resale perspective, the proposed changes hurt you as you end up with no living room. I would have an architect look at the home
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