diff --git a/esphome/core/application.cpp b/esphome/core/application.cpp
index 68c8630b405..164b9b7bb5d 100644
--- a/esphome/core/application.cpp
+++ b/esphome/core/application.cpp
@@ -261,15 +261,16 @@ void Application::process_dump_config_() {
     esp_chip_info(&chip_info);
     ESP_LOGI(TAG, "ESP32 Chip: %s rev%d.%d, %d core(s)", ESPHOME_VARIANT, chip_info.revision / 100,
              chip_info.revision % 100, chip_info.cores);
+    static const char *const ESP32_ADVANCED_PATH = "under esp32 > framework > advanced";
 #if defined(USE_ESP32_VARIANT_ESP32) && !defined(USE_ESP32_MIN_CHIP_REVISION_SET)
     // Suggest optimization for chips that don't need the PSRAM cache workaround
     if (chip_info.revision >= 300) {
 #ifdef USE_PSRAM
-      ESP_LOGW(TAG, "Set minimum_chip_revision: \"%d.%d\" to save ~10KB IRAM", chip_info.revision / 100,
-               chip_info.revision % 100);
+      ESP_LOGW(TAG, "Chip rev >= 3.0 detected. Set minimum_chip_revision: \"%d.%d\" %s to save ~10KB IRAM",
+               chip_info.revision / 100, chip_info.revision % 100, ESP32_ADVANCED_PATH);
 #else
-      ESP_LOGW(TAG, "Set minimum_chip_revision: \"%d.%d\" to reduce binary size", chip_info.revision / 100,
-               chip_info.revision % 100);
+      ESP_LOGW(TAG, "Chip rev >= 3.0 detected. Set minimum_chip_revision: \"%d.%d\" %s to reduce binary size",
+               chip_info.revision / 100, chip_info.revision % 100, ESP32_ADVANCED_PATH);
 #endif
     }
 #endif
@@ -281,8 +282,9 @@ void Application::process_dump_config_() {
       // from 5.2+ also supports SRAM1 as IRAM (which was introduced in 5.1)
       esp_bootloader_desc_t boot_desc;
       if (esp_ota_get_bootloader_description(nullptr, &boot_desc) == ESP_OK) {
-        ESP_LOGW(TAG, "Bootloader supports SRAM1 as IRAM (+40KB). "
-                      "Set sram1_as_iram: true under esp32 > framework > advanced");
+        ESP_LOGW(TAG, "Bootloader supports SRAM1 as IRAM (+40KB). Set sram1_as_iram: true %s", ESP32_ADVANCED_PATH);
+      } else {
+        ESP_LOGW(TAG, "Bootloader too old for SRAM1 as IRAM (+40KB). Flash via USB once to update the bootloader");
       }
     }
 #endif