You wouldn't want to see mine - I recently reorganized and it is all neat and tidy.... boring!
I took over my son's bedroom - he joined the Air Force last summer. I put risers under the bed which gives extra storage under and then put a tabletop on top of the bed which made it a good height for cutting and ironing. When he comes home for a visit, I can take the tabletop off the bed and prop it against the wall. I washed all my fabric stash - took about two weeks! Didn't bother to iron it, just folded. Organized the fabric by color except for baby/juvenile prints, Christmas prints, etc. and fabrics already grouped into a project. There is also a separate bin for pre-cut fabric - charm squares, layer cakes and jelly rolls. I enjoy watching the video tutorials on Missouri Star Quilts which show lots of patterns using pre-cuts. I get the pre-cuts when they are Daily Deals on MSQ, really good discounts and flat rate shipping.