Buying an RTM Home



Buying a Ready-to-Move home (RTM) from Canada if the potential home buyer lives in America might seem out of place, but in fact it is super beneficial especially in today’s economy.

In recent years, the exchange rate between the Canadian dollar (CAD) and the US dollar (USD) has shifted significantly. Back in 2008, the two currencies were nearly at par— 1 USD equaled 1 CAD. This was great news for Canadians shopping in the U.S., but less favorable for Americans.

Since 2015, however, the Canadian dollar has weakened against the U.S. dollar. By 2021, the average exchange rate was approximately 1 USD to 1.25 CAD. While this shift is less advantageous for Canadians, it’s fantastic news for Americans looking to get more value for their dollar in Canada.

Here’s a simple example: Imagine you’re an American visiting Canada for a day or weekend trip. You spend $400 CAD on your credit card. When you check your U.S. credit card statement, that $400 CAD translates to $320 USD at an exchange rate of 1.25.

Now, let’s apply this to buying a home.

A home in Canada priced at $300,000 CAD would cost $240,000 USD at the same 1.25 exchange rate. If the exchange rate rises to 1.40, that same $300,000 CAD home would cost just $214,285 USD.

The exchange rate can make a significant difference, giving American buyers a unique opportunity to maximize their purchasing power in Canada.

While the exchange rate could shift closer to 1:1 in the future, our clients have the option to lock in the current rate if they feel it’s favorable or want to avoid potential fluctuations.

To make things even easier, the Pioneer Homes RTM team ensures peace of mind with price locking. Once the final contract is signed, the price is locked in Canadian dollars. Clients can choose to pay based on the current exchange rate at the time of invoicing or stick with their locked-in rate. Payments are outlined in the contract and tied to key progress milestones throughout the project.

The savings don’t stop with the cost of a home! While Canadian taxes may apply during your vacation, Americans are exempt from paying PST and GST when purchasing a new RTM home with Pioneer Homes.

That’s an extra bonus for our American clients!

Legally, there’s nothing additional for Americans to worry about when buying a home in Canada.

Please note: Tax regulations vary by state. We recommend scheduling  a free call with the Pioneer Homes team to discuss your options and ensure you’re fully informed.

Getting an RTM home from Canada might sound complicated, but with Pioneer Homes, it’s easy. Our experienced team takes care of everything, so you can relax and trust the process.

Here’s how we make it simple:

• In Canada: From design to construction, we handle every detail to build your home to the highest standards. You’ll stay informed every step of the way.
• During the Move: Crossing the border? No problem. We coordinate all logistics, permits, and customs paperwork to ensure your home is delivered safely and on time.
• At Your Location: Once your home arrives, we oversee the setup, working with local professionals to make sure everything is done right.

Every Pioneer Homes RTM is built to meet the specific building codes of its final destination. Our homes are reviewed, inspected, and approved by certified third-party agencies to ensure compliance and quality.

Transporting your RTM home is effortless with Pioneer Homes. We partner with trusted transport professionals to handle every aspect of the move, including border and customs paperwork, so your home arrives on time and hassle-free.

Our commitment to you doesn’t end with delivery. If you ever need to use your warranty or make repairs, we work with reliable U.S. trade professionals to address any concerns and keep your home in top shape. Wherever your home is, we’ve got your back.

If you are ready to start your RTM home process , schedule a free call with us !

We service parts of North Dakota and Minnesota in the States! Or feel free to send us an email !

*Legal Disclosure: We are not financial advisors and the information presented in this article is a combination of data found online. If you have further investment questions and or concerns, please consult a licensed professional.