On May 26, 2004, at approximately 1720 mountain daylight time, a Bellanca 7KCAB, N4173Y, was substantially damaged when it impacted terrain during landing at Meadow Lake Airport (00V), Peyton, Colorado. The private pilot sustained minor injuries and the passenger was not injured. Visual meteorological conditions prevailed at the time of the accident. The local personal flight was being conducted under provisions of Title 14 CFR Part 91 without a fight plan. The flight originated at approximately 1630. According to the pilot, as he returned to Meadow Lake, he received weather conditions from the local Automated Surface Observing System (ASOS). ASOS reported winds from 250 degrees at 13 knots, gusting to 17 knots. The pilot decided to "attempt a landing." While on final approach for runway 33, the pilot noticed that his rate of descent had increased to approximately 1000 feet per minute. The pilot added engine power, and increased the airplane's angle of attack and bank, to compensate for the crosswind conditions. The pilot said that during the flare, the airplane "floated" and he had to fly at an "unsafe bank angle...to maintain [runway] centerline." The pilot decided to abort the landing and added full power for a go-around. The pilot said, at approximately 10 to 25 feet above the ground, a gust of wind struck the airplane and although he was not able to maintain runway centerline, the airplane "seemed to be controllable." The pilot said he was unable to maintain level flight and the airplane continued to drift to the right of the runway centerline. When he entered a 20 to 30 degree right bank to avoid some trees, the airplane's right wing struck the ground. The airplane cart wheeled several times causing substantial damage to the airplane's fuselage, wings, and empennage.