It can, if it's not done well. A cheap-looking cabinet refacing job will use low-quality materials and will be done in a rushed manner. A high-quality cabinet refacing job will use the same type of wood as the cabinets that are being refaced, and it will be done with care and precision. The finished product will look like a brand new cabinet. So it really depends on the quality of the work that is done.

It all depends on the quality of the materials and workmanship used in the refacing process. If you go with a cheap, low-quality option, then it's likely that your cabinets will look cheap after they're refaced. But if you choose a high-quality option, then your cabinets will look as good as new after they're refaced.