Value of Amherst’s Properties Grew by 19 Percent, After Reassessment

46 Da Vinci Court in Amherst is one of the highest assessed homes in the town. (Mark Mulville/Buffalo News
46 Da Vinci Court in Amherst is one of the highest assessed homes in the town.

The total taxable assessed value of all properties in the Town of Amherst grew by nearly 19 percent following a town-wide reassessment this year, officials said.

After exemptions of $2.94 billion are factored in, the combined value of the town’s 44,000 properties grew by $1.66 billion, to $10.46 billion, said Town Assessor David Marrano. The tax rate property owners pay is determined by dividing the tax levy set by the Town Board or School Board by the total taxable assessed value.

[PHOTO GALLERY: 10 highest-assessed homes in Amherst]
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