Hi,
I run Home Assistant on an old laptop. I have some temp and humidity sensors in my flat and some lamps what it controls. Not much just an hobby. What it's good at is data collection and automations. Like I fetch electricity price from Nordpool(pan-European power exchange) and it gives me nice 48h graph of electricity prices and then I know when it's cheaper to use. Soon I add an smartswitch to my water heater, so it can heat more when the electricity is cheapest.
And It can do so much more, what ever is the case.
But yeah, ESPHome is a platform of building sensors, and it's super easy to use with Home Assistant.