UJI 14-1510 NMRA
UJI 14-1510. "Amount of damage"; defined.
“Amount of damage” means the difference between the price at which the property
could ordinarily be bought or sold prior to the damage and the price at which the
property could be bought or sold after the damage. If the cost of repair of the damaged
property exceeds the replacement cost of the property, the value of the damaged
property is the replacement cost.