It's cheap for the area, but it's not clean and sure doesn't have much room inside. Many of the furnishings were badly damaged or un-usable, the bathroom lacked basic sanitary equipment (like hand soap), and the fixed indoor heater is a fire hazard by being placed way too close to the bed.
To elaborate: The kitchen still contained open food left from the previous guests. It gave the impression that the host did not clean the kitchen at all, or at best they cut corners. The bathroom lacked basic cleaning supplies like hand soap and the toilet paper had not been replaced (about 1/4 role left and no extras). Also the couch had an organic smell to it, my group couldn't quite place the smell accurately, but it didn't smell like cleaning products. The sink in the bathroom was badly damaged. There was a quarter sized hole smashed through the inside the sink bowl allowing water to flow down into it, no doubt causing water damage and allowing mold to grow underneath. The chairs in the living area were missing essential screws and braces to make them sturdy, you could literally see where the parts were missing. I'm quite light weight, and if I had sat on one of them completely, the chair would surely have ruptured and fallen apart.
Yes the location is nice, but I can't say I felt a good "value" while I stayed there.