The WPJ
Residential Real Estate News
Tennessee Tornadoes Generate Over $1 Billion in Property Damage
Based on new data from CoreLogic's Tornado Path Map, it is currently estimated that approximately 250 square miles were affected by the damaging effects of the deadly tornadoes in Tennessee this past week.
The current estimate of damaged residential and commercial properties from the 50 mile-long Tennessee tornadic event, extending well beyond the Nashville metro area, is as shown in the table below. CoreLogic expects the total damage to property from this event to exceed $1 billion.
Tornadoes can occur throughout the year but March represents the beginning of the higher frequency severe convective storm season. The intensity of tornadoes is represented by the Enhanced Fujita (EF) scale, a measurement that considers the damage caused.
The Tennessee tornadoes are preliminarily estimated at an intensity of EF3 to EF4, or Severe to Devastating damage. Nashville, Tennessee, was the community most impacted by this event. The 2018 Census tabulates 319,529 housing units in Davidson County, the location of Nashville.
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