The value is pretty much unbeatable from what we saw. The place itself was accurately described, clean, and was only a short walk away from the bus which takes you the Venice island and the train station. Unfortunately, communication was completely absent (literally never got a message from the host and we never got check-in instructions—we just happened to be arrive within minutes of the host's brother-in-law's arrival.
There wasn't anything special about the place other than a shared refrigerator with a small kitchen (no microwave) and a functional bathroom stocked with essentials. Unfortunately there is no A/C! It gets insanely hot at night and despite leaving the windows open (allowing for mosquitoes to come in), there's virtually no air circulation so it takes a few hours for the room to cool down. There were a couple pretty weak fans, but they're virtually useless.
Overall, not terrible considering the price and decent location, but there's a few convenience things that could've been improved.