If you really just want to know if the kid (or better, the ble tag) is at home, then no - I'd probably use any other ble beacon (iBeacons are cheap on Ali)
Afaik, Tile tags work somewhat like AirTags and are trackable wherever they are. If you want/need more precise location information then I'd stick to Tile.
+1. No idea what's supposed to lead to this conclusion. I'd say that's a bad PID tune.