Imagine I were building a high precision one off device
This is like a rabbit's hole, in how precise your device needs to be, etc, etc. There are extreme examples on eevblog of resistor precision, and they usually are needed because the device/project needs that level of precision. Unless you have a calibrated DMM, you may have to question what value your DMM is presenting vs what resistance is actually present. Matched sets of resistors can, to some extent, be determined via a whetstone bridge.
What resistor value are you trying to obtain ?