OPINION
This is an appeal from a jury verdict awarding appellants $31,500.00 as compensation for the taking of their land by the State of Nevada. Appellants contend that the State’s appraiser used an improper standard to measure the land’s fair market value. We disagree and affirm the judgment in its entirety.
The Department of Transportation, State of Nevada, initiated a condemnation action to acquire six tenths of an acre of unimproved land. The land, located approximately one half mile south
We have clearly defined the term “fair market value” that is to be used in condemnation cases.
Generally the value of property taken in condemnation proceedings is its market value, defined as “the highest price estimated in terms of money which the land would bring if exposed for sale on the open market, with reasonable time allowed in which to find a purchaser, buying with knowledge of all the uses and purposes to which it was adopted and for which it was capable.” (emphasis added)
City of Elko v. Zillich,
A review of the entire testimony of the State’s appraiser leads to the conclusion that he used the appropriate standard and methodology in arriving at the fair market value of the appellant’s property. A trial court is allowed wide discretion in passing on matters relating to expert testimony in these cases, Zillich,
We have reviewed appellants’ other claims of error and conclude they are without merit. Accordingly, the district court’s judgment is affirmed.
