Back home, a buddy had a tall ( 5 foot, three drawer type) filing cabinet for his power tools.
It worked great, since you didn't have three gazillion things tossed in, on top of each other, like I'd imagine your 'dresser' probably is. You just opened one drawer, and there was the belt sander, disc sander, and jitterbug.... Same thing for saws... Circular, jig, etc, in another drawer.
A couple of those and you'll have that stuff squared away in no time. Check freecycle websites for stuff people look to give away for free, or if you know anyone who works for a construction co. that does commercial demolition, they're gonna be a great place to get used junk like that. It's amazing what we used to toss in the dumpster everyday, back when I did that years ago. Desks, chairs, all kinds of stuff.
And BIG +1 on the pegboard walls..... That stuff is AWESOME for organizing hand tools out where you can see them easily, and it just plain looks COOL
ETA: Also, it doesn't look like you have much of a 'workbench' per se..... Need to get some plans and build you one of them right away ! Something with a nice shelf below would go a long ways towards reducing your clutter too. All manz gotta have them some workbenches !