If you are expecting an Evil Dead movie... well, I guess it depends on what generation you're from. If you are expecting Evil Dead, Evil Dead 2, Army of Darkness, the films of the unholy trilogy... you are going to be gravely disappointed. This isn't Sam Raimi's Evil Dead.
This is, well, this is the Conjuring just like almost every other Horror movie past 2014.
It doesn't really breathe "new life" into the franchise, instead it takes the Evil Dead and breathes the PG-13 Neo-Horror Movie breathe into a franchise that used to be a heck of a lot of campy immature fun.
Here you get the same as everything else.