The Rheem Prestige R98MV (in the Endeavor / Prestige Series) is Rheem’s flagship high-efficiency gas furnace. It’s built for homeowners who want nearly maximum efficiency, tight temperature control, and modern safety and comfort features.
This model includes a fully modulating gas valve and variable blower to adjust output dynamically based on heating demand. Rheem’s sealed combustion design improves safety and energy performance by isolating combustion from indoor air. Alongside a premium stainless steel heat exchanger and rigorous quality controls, the R98MV is one of Rheem’s best offerings for cold climates or large homes.
| Feature | Specification |
|---|---|
| Efficiency (AFUE) | Up to 98% (varies by configuration, model, and setup) |
| Gas Valve | Fully modulating |
| Blower Motor | Variable-speed ECM blower |
| Safety / Construction | Sealed combustion; stainless steel heat exchanger; robust cabinet insulation |
| Smart Controls | Rheem’s advanced control module for diagnostic monitoring |
| Warranty | Limited; parts warranty + longer heat exchanger warranty, depending on registration and install |
| Model | AFUE | Gas Valve / Blower Type | Noise & Comfort | Cost (Installed) | Ideal For |
|---|---|---|---|---|---|
| Rheem R98MV | Up to ~98% | Modulating + Variable-Speed | Very Quiet, Tight Control | $6,000 to $10,500 | Near-premier efficiency for cold climates |
| Trane XC95m / Premier 96 M | ~97.3% | Modulating + Variable-Speed | Very Quiet | $6,500 to $11,500 | Great comfort; strong brand legacy |
| Carrier Infinity 98 | ~98.5% | Modulating + Variable-Speed | Ultra Quiet, Smart Features | $6,500 to $12,000+ | Ultimate performance & highest efficiency |
The Rheem R98MV holds its own among top furnace brands. While Carrier may deliver slightly higher peak efficiency and Trane offers long warranty reputation, Rheem’s blend of safety, durability, and efficiency makes it a strong value choice.
Expect the Rheem R98MV / Prestige R98MV to cost $6,000 to $10,500 installed.
Final cost depends on:
Though upfront cost is premium, the R98MV’s fuel savings can offer strong return over time for households with high usage.
| Region | Estimated Installed Cost (R98MV) | Avg Annual Heating Fuel Cost* | Estimated Annual Savings vs. Mid-Efficiency (90-94% AFUE) |
|---|---|---|---|
| South | $5,500 to $7,000 | ~$1,100 to $1,400 | $150 to $250 |
| Midwest | $5,800 to $8,500 | ~$1,300 to $1,700 | $200 to $350 |
| Northeast | $6,000 to $9,000 | ~$1,500 to $2,000 | $250 to $400 |
| West | $6,000 to $8,800 | ~$1,400 to $1,800 | $200 to $350 |
*Based on natural gas fuel costs, a 2,000-sq ft home in a typical climate, and moderate heating usage. Actual costs vary with local utility rates and how well insulated/airtight the home is.
Installation costs vary by region — lower in rural or lower-labor-cost states (e.g., parts of the Midwest and South), higher in states with steep labor and building permit costs (e.g., California, New York, Massachusetts, Northwest).
Because the R98MV qualifies as a high-efficiency furnace, many utility companies and states offer rebates or incentives. The federal tax credit for qualifying high-efficiency heating equipment may also apply — worth verifying before purchase.
Getting several local quotes and asking about current rebates/incentives can significantly lower your net cost.
With regular maintenance — annual tune-ups, filter changes, inspections of heat exchanger and blower system — the Rheem R98MV can serve reliably for 15 to 20 years or more.
Suggested care:
The modulating operation reduces stress from frequent on/off cycling, helping preserve major components and sustain performance over time.
Owners of the R98MV praise it for its efficient, consistent heating; many note lower fuel usage compared to previous units and appreciate the improvement in indoor air comfort. Common praise involves steady, even heat without big temperature swings.
Some drawbacks: higher upfront price, and in rural areas, finding certified installers and maintenance can sometime be more expensive or take longer.
The Rheem Prestige R98MV is a strong contender in the premium furnace category. If you want top-tier efficiency, modern safety features like sealed combustion, and quieter, more comfortable heating, it’s well worth the investment — especially for homeowners in colder climates or those who use their heating a lot.
If your budget is tighter, you might consider high-end two-stage models or a slightly lower efficiency Rheem line, but expect trade-offs in fuel savings or comfort consistency.
Ready to see what the R98MV costs in your area? Get matched with local HVAC pros for a quote.
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