The Boston metro area is one of the best in the nation to downsize, with the potential to cash out hundreds of thousands of dollars, according to a new analysis by StorageCafe. 

StorageCafe examined the 100 largest metro areas by population and analyzed the typical home price for four-bedroom and two-bedroom homes, calculating for taxes and closing costs, to determine which cities offer the most potential savings by downsizing.

“According to our study, homeowners stand to potentially gain around $196,000 on average from downsizing across the U.S., with some huge differences when zooming in on specific locations,” StorageCafe reported.

Downsizing from a four-bedroom home to a two-bedroom home in the Boston-Cambridge-Newton area would save the typical homeowner nearly $275,000. That ranks No. 11 among all metro areas studied.

The top 20 metro areas by downsizing savings, according to StorageCafe:

1. San Jose — $777,000 
2. San Francisco — $563,000
3. Honolulu — $519,000
4. Bridgeport, Conn. — $463,000
5. San Diego — $340,000
6. Los Angeles — $331,000
7. Miami — $322,000
8. Seattle — $298,000
9. Sarasota, Fla. — $295,000
10. Ventura, Calif. — $285,000
11. Boston — $275,000
12. Stockton, Calif. — $272,000
13. Nashville — $262,000
14. Durham, N.C. — $254,000
15. New York City — $248,000
16. Raleigh, N.C. — $247,000
17. Dallas — $246,000
18. Washington, D.C. — $244,000
19. Birmingham, Ala. — $243,000
20. Knoxville, Tenn. — $241,000