Missouri follows the “Cost of Repair Rule” when determining damages in a construction lawsuit case. The Cost of Repair Rule is when the plaintiff, meaning the person doing the suing, gets awarded the cost of repairing the defective work. Only when the Cost of Repair Rule would cause unreasonable economic waste, a plaintiff can use the “Diminished Value Approach” where the plaintiff gets awarded the difference between the value of the property with the defective work and what its value would have been if it had been constructed correctly.
If you are a victim of bad construction, contact our law office at 816-524-4949 or visit our website at www.Hoorfarlaw.com.