Va. Model Jury Instr. Civ. No. 46.050

The fair market value is the price that the property would bring if it were offered for sale by

one who wanted to sell, but was under no necessity, and was bought by one who wanted to buy, but

was under no necessity.

In determining the fair market value of the property, you may consider everything a buyer and

seller in the marketplace would reasonably consider in the purchase or sale of the specific

property interests that are the subject of this proceeding.

However, you may not consider that the property owner might, for personal reasons, have been

unwilling to sell at fair market value or that the (name of condemning authority) has a need for the

property.

Further, in determining the fair market value of the property before the taking, you may not

consider any increase or decrease in the fair market value of the property caused by the public use

for which the property is being acquired, or by the likelihood that the property would be acquired

for such public use other than that due to physical deterioration within the reasonable control of

the owner.