The major pro of this house it's the location: very close the Metro station, and you don't need to change train from the airport. It's also like two or three maximum stops from every major attraction in Copenhagen. The city centre is like 10 min on foot.
The room itself is large and has a nice balcony, alothough we found the bed a little noisy. One could say it's a little small for two guests but we hadn't any problem. Tourist coupon that Jesper let inside the room for us were life saving for the much expesive Copenhagen.
Talking about price, the only other (cheaper or even) solution for a stay was an Ostel. If you are not into that, i'll defenitively suggest this compromise. You still have to share the bathroom/shower (two separate rooms) with three people, keep in mind (Everything is well stated in the description, tho). The entire family was reserved. The house gets noisy in the morning, but personally bothered us like one time over five days.
I deeply recommend this solution for your stay in Copenhagen.