Compared to a dot on a map that usually just narrows it down to an entire building?
If the sound is muffled and you can’t hear it, this sounds like it could narrow it down to a specific room or maybe even area of a room. Which is a huge improvement.
I haven’t personally used a Tile before, but my impression was “you get what building it’s in, then have to search everywhere til it’s in earshot”
The finding app has an arrow on it, pointing you towards the signal. So maybe the map has only building-level resolution, but once you're in the building you just follow the arrow until it says you're standing on it.