That's the avg rate for WL actually. It's the smaller of the Deluxe and without the monorail you don't get the premium rates.
Personally, it's our favorite of the MK resorts, over CR and Poly. Even with the construction. Which was of a non-issue on our stay last month
It's not bad at all. And best of all, for that low rate you stand a chance of a theme park view room. Just ask for a higher floor. The Standard Rooms will all look out towards MK. With the trees down for the cabins on the water you can see MK with as good a view as they have at Poly or GF.