CO · jury_instructions
CJI-Civ. 36:7
Approaches to Valuation
There are three generally established real estate appraisal methods: (1) the
comparable sales method, which considers recent sales of comparable properties; (2) the
cost of construction method, which estimates value based on the cost of replacing or
reproducing a particular improvement; and (3) the income method, which considers the
property’s earning power. Depending on the location and type of property involved and
other relevant circumstances, an (appraiser) (expert) may use any one, two, or all three of
these methods to evaluate the reasonable market value of the property being taken.
You should consider all relevant factors that tend to provide a means for arriving at
a fair determination of the property’s reasonable market value. It is your duty to weigh the
opinions and judge the credibility of the (appraiser) (expert) to determine which method or
methods are most indicative of the reasonable market value of the property being taken.
History
CJI-Civ. (2026), Colorado Supreme Court Committee on Pattern Civil Jury Instructions. Dated 2026-02-25 by the committee page's "Revised 2/25/26".
Provenance
- Source
- www.coloradojudicial.gov
- Retrieved
- 2026-09-24
- Edition
- civ-2026-02-25
- Content hash
e74e94153932ee7bf68ac393a50c97c97ccfe079ac473d354019c6a677524418
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