Here are the key factors to consider when choosing a roofer. It’s crucial to do your research and find the most qualified company for the job. Installing a new roof is a major home improvement project that can cost upwards of twenty thousand dollars out of pocket. We also compare prices for popular roofing materials. Below is the average price range to replace a roof on a 1,500 square foot home in Lake Elsinore. How Much Does a New Roof Cost in Lake Elsinore?Ĭost is a major consideration when replacing your roof.