Veros Real Estate Solutions released data analysis showing 11,519 single-family homes in Nashville, Tenn., and surrounding areas which likely have been impacted by the destruction of the recent tornadoes in the area, the company announced in a press release.

Utilizing public records, proprietary data and mapping technology, combined with the predictive analytics of its VeroVALUESM AVM, the Veros Disaster Data solution identified the potential impact of this natural disaster down to the individual parcel-level. This information is now available in an impact brief to lenders, servicers, and investors who must make determinations about possible damage to impacted properties in their portfolio, Veros stated.

Since the tornadoes struck Tennessee on March 3, Veros indicated the total market value of the homes impacted could reach $3.529 billion.

“Tornadoes of this magnitude, EF-2, EF-3 and EF-4, can cause significant property damage when they impact neighborhoods and business districts in their path. The resulting exposure may include disruption of access, full or partial loss of occupancy, and temporary degradation of the home value until the property can be restored,” Veros said in the release.

Because of the disparate path that a tornado can travel, the damage can be devastating to some properties while others are spared entirely. Understanding the difference from an economic perspective can mean thousands of dollars spent, or saved, on property inspections.

“The Tennessee tornadoes were devastating to human life, properties and businesses,” Veros CEO and President Darius Bozorgi said. “Veros is committed to providing the data-driven insight that identifies the potential impact on people and properties so that servicers can direct their outreach to those most in need.”

Veros, an industry leader in enterprise risk management and collateral valuation services, is offering this data and insight so those impacted can be rapidly supported, the company said.