Nakusp

Nakusp sits where the hot springs meet the lake, and that combination has been drawing people here for over a century. The Nakusp Hot Springs bubble up from deep underground at a perfect 54°C, creating what locals call “nature’s bathtub” — a year-round attraction that keeps this mountain town relevant even when the snow flies.

The numbers tell an interesting story about who calls this place home. With a median age of 53.2 years and seniors making up nearly a third of the population, Nakusp has become a magnet for folks who’ve figured out that retirement doesn’t have to mean moving to Florida. Upper Arrow Lake stretches for miles in both directions, offering everything from world-class fishing to peaceful kayaking, while the surrounding mountains provide hiking trails that range from gentle strolls to serious backcountry adventures.

What sets Nakusp apart isn’t just the natural amenities — it’s the warming climate trend. The area has improved by a full plant hardiness zone over the past 30 years, making it increasingly attractive for year-round living and extending the growing season for both gardens and outdoor recreation. This climate shift has coincided with a housing market dominated by single-detached homes (80.9% of dwellings), perfect for buyers seeking space and privacy.

The economic reality here reflects a community in transition. Agriculture and forestry still employ nearly 15% of workers, but healthcare and retail have grown to match those traditional industries. Tourism flows through town consistently, drawn by the hot springs, lake access, and proximity to some of BC’s best wilderness areas.

For mortgage brokers working with clients who prioritize lifestyle over urban conveniences, Nakusp represents solid collateral potential. The combination of natural amenities, improving climate, and established tourism infrastructure creates lasting appeal. Our maximum LTV here is 55%, reflecting both the community’s recreational draw and its distance from major employment centers.