When I lost weight (I'm nearly at the point where I can stop thinking about it - I promise!), I dropped off a lot of clothes at Goodwill. I didn't have the time, the energy or the skill to fix them up into something I would wear now.
That hasn't changed. What has changed is my ability to care that I don't have the skills. It is clothing that I like (or spent a lot of money on), and I want to keep it. I don't want to fit it. I want it to fit me. And I don't have the money to pay someone with skill to do the job.
Of course, this mostly means that I want to rip my wedding dress apart and build a dress I can wear to weddings (aka, fancy enough for weddings but does not look like a wedding dress). I think I can do it if I am careful. My needs are relatively modest (I have images in my head, but they are all very easy seams, clean lines). I have this strong desire to just do it.
My drawbacks are quite a few: a lack of room for some of the truly large projects, a bit of mess on the dining room table (easy to fix), and no dress form. But I have clothing I like and I can pin things out to size against it, and then try it on (carefully, oh so carefully).
I think I need to dye the fabric. I think I would dye the final product rather than dying the fabric to begin with. I might need to add embroidery to change the look of the dress a bit. I might even need to add some additional beads. I can probably do all of that without too much worry, and as long as I don't freak out with unreasonable expectations it should be fun no matter when I get as a result. And I'll learn something.
Obviously, someone needs to tell me not to do it.