How much are you willing to pay for your fabric? It's gonna cost a lot more to take those steps.
I don't wash a lot of the fabric I use- ever. Even after the quilt is done, if it isn't a blanket quilt, it might never get washed. If I slice it up to make a wreath, it never gets washed. If I make a bag out of it, I don't wash those either. Bleeding or shrinking has no baring on whether or not I can put a needle through it and sew.