U.S. Resident selling Home in Canada

My jurisdiction is: United States

My Dad, a U.S. resident, built a home in Canada as a hunting retreat. He recently passed away and I am researching selling the home to help my elderly mother. A real estate agent suggested a listing price, but with the Canadian dollar being so far below U.S. Dollars, the money we'd end up with is pretty low. Would you suggest waiting until the market changes? How does the exchange rate figure into selling real estate across country borders?

Actually, if you're selling a property in Canada, the jurisdiction is Canada.

The exchange rate is what it is. You get paid in $CDN, you convert it to $US. It impacts real estate the same way it impacts any other transaction.

As far as the market goes, speaking as a Canadian resident with virtually no economic wisdom, I would suggest selling sooner rather than later. The Canadian economy tends to lag a bit behind the US economy, and I would expect Canadian property values to decline more in the coming years.

You should be aware that there are specific tax laws in Canada dealing with sales of real property by non-Canadian residents. You should talk to a Canadian real estate lawyer.

well dollar rate exchange really matters

you might get low amount of money. because us real estate rate would be definitely higher than canada.
right now real estate is very down in US. but generally it would be higher.