WAI ARIA vs HTML elements

Hello there!

Is a custom div-based range slider with a role="slider", tabindex="0",
aria-labelledby, aria-minvalue, aria-maxvalue e.t.c. and with a full
keyboard support will be the same if we just use HTML input type="range"
element?

Or just hide visually a real input element and customize its label is
anyway better (like many people do with a custom checkboxes and radio)? And
why?