The Dallas 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 Dallas-Fort Worth-Arlington area would save the typical homeowner nearly $246,000. That ranks No. 17 among all metro areas studied.

Where you downsize within the Dallas region can dramatically affect potential savings. Downsizing from four to two bedrooms within the Dallas city limits offers typical savings of $359,000, the study found. 

Downsizing from Dallas to Arlington includes an estimated savings of $419,000. Dallas to Fort Worth is $414,000 and Dallas to Plano is $248,000. 

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